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Faisal Islamic Bank's volume of business up 14% in August 2019

Faisal Islamic Bank's volume of business up 14% in August 2019

ArabFinance: Faisal Islamic Bank of Egypt’s (FAIT) (FAITA) volume of business increased to EGP 100.259 billion at the end of August 2019, compared to EGP 87.793 billion in the same period last year, representing 14.2% growth, the bank stated in a statement sent to EGX.

Additionally, the total assets of the bank increased from EGP 86.243 billion in August 2018 to EGP 98.593 billion in August 2019, representing 14.3% growth.

The current accounts and deposits rose to EGP 83.107 billion in August 2019, compared to EGP 73.750 billion in the same period of the previous year, representing 12.7% growth.

The bank accounts reached 1,692,000 by the end of August 2019. 

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