Faisal Islamic Bank’s consolidated profits surge 60% YoY in 2022

Updated 3/19/2023 9:51:00 AM
Faisal Islamic Bank’s consolidated profits surge 60% YoY in 2022

Arab Finance: Faisal Islamic Bank of Egypt’s consolidated net profits after tax and non-controlling interest surged 60.4% year on year (YoY) in 2022 to EGP 4.76 billion, compared to EGP 2.97 billion, according to a financial statement sent to the bourse on March 19th.

Net interest income garnered EGP 5.17 billion last year, down 13.7% from EGP 5.99 billion a year earlier.

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