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Export Development Bank targets EGP 1.1B profits for 2019\20

Export Development Bank targets EGP 1.1B profits for 2019\20

ArabFinance: Export Development Bank of Egypt (EDBE) (EXPA) approved the estimated budget of 2019/2020, targeting net profit of EGP 1.065 billion, as per a bourse filing on Monday.

The estimated profit for the FY 2019/2020 is 12% higher than the EGP 950 million expected for FY 2018/2019.

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