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Faisal Islamic Bank posts EGP 1B in Q1

Faisal Islamic Bank posts EGP 1B in Q1

ArabFinance: Faisal Islamic Bank of Egypt (FAIT) (FAITA) announced Wednesday, in a statement sent to EGX, the financial results for the fiscal period starting January 1, 2019, and ending March 31, 2019.

The bank posted standalone net profits of EGP 1.04 billion, compared to net profits of EGP 777.95 million recorded in the same period a year ago.

Moreover, the bank recorded consolidated net profits of EGP 1.04 billion, compared to net profits of EGP 727.43 million in the year-ago period.

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