SAIBANK profits leap 24% in 2015

Cairo-Mubasher: Société Arabe Internationale des Banques (SAIBANK) posted an increase of 24% in net profits for the fiscal year ended 31 December 2015, according to the bank’s interim financial indicators.

The lender saw net profits of $43 million in 2015, up from $34.65 million in the previous year.

Meanwhile, the lender’s top line stood at $526.7 million in 2015, compared with $329.7 million in 2015.

Mubasher Contribution Time: 01-Feb-2016 08:42 (GMT)