Cairo – Mubasher: Societe Arabe Internationale de Banque (SAIBANK) reported an increase of 47% in net profits for the second quarter of 2016.
The lender said it saw net profits of $16.3 million for Q2-2016, up from $11.1 million a year earlier.
As for the first half of 2016, SAIBANK posted an increase of 52.4% in net profits as it reached $30.98 million.
