Cairo – Mubasher: Faisal Islamic Bank of Egypt saw an increase of 79% in net profits for the third quarter of 2016.
The Islamic lender posted net profits after tax of EGP 465.27 million in Q3-2016, compared with EGP 259.8 million for the similar period of the previous year.
As for the first nine months of 2016, the lender profits stood at EGP 892.3 million up by 38% from EGP 646.9 million for the same period of the preceding year.
