UNB - Egypt posts EGP 48.7m profit in Q4

Cairo – Mubasher: Union National Bank – Egypt (UNB) posted net profits of EGP 48.7 million for the fourth quarter of 2015.

The lender’s net profits stood at EGP 160.1 million in 2015, up from EGP 63.1 million in the previous year.

Meanwhile, UNB – Egypt’s net interest income climbed to EGP 1.05 billion in 2015 from EGP 714.4 million in the preceding year.

Earlier, the lender said it saw net profits of EGP 111.36 million for the first nine months of 2015, compared with EGP 35.13 million for the same period of 2014.

Mubasher Contribution Time: 07-Feb-2016 13:02 (GMT)