Cairo – Mubasher: Suez Canal Bank reported an increase of 14% in net profits for the second quarter of 2016.
The lender saw net profits of EGP 45.4 million before tax for the second quarter of 2016, compared with EGP 39.8 million for the comparable period of the preceding year.
As for the first half of 2016, the lender said it posted net profits of EGP 89.8 million up from EGP 79.1 million for the same period of the previous year.