Faisal Islamic Bank standalone profits up 20.9% in 2015

Cairo – Mubasher: Faisal Islamic Bank of Egypt posted an increase of 20.9% in unconsolidated profits for 2015.

The bank, which operates according to Sharia, generated EGP 4.5 billion profit in 2015, compared with EGP 3.8 billion in 2014.

It reported earlier net profits of EGP 663.45 million in the first nine months of 2015, up 7.08% from EGP 619.53 million for the previous period.

Mubasher Contribution Time: 17-Jan-2016 08:52 (GMT)