saib's asset portfolio jumps by 20.63%, records EGP 86.08 bn, by 2022end

 saib bank issued results , Wednesday, revealed an increase in the bank’s asset portfolio by 20.63%, to record EGP86.08 billion at the end of 2022, compared to EGP71.36 billion at the end of 2021, an increase of EGP14.72 billion .

The bank’s net profit increased by 137.15%, to record EGP 743.924 million in 2022, compared to 313.696 in 2022, an increase of EGP430.228 million.

The bank's total loans portfolio increased by 22.21%, to record EGP 41.67 billion by the end of 2022, compared to EGP34.10 billion by the end of 2021, an increase of EGP7.57 billion .

Moreover, Deposit portfolio jumped by 16.58%, to record EGP 72.667 billion at the end of 2022, compared to EGP 62.332 billion at the end of 2021, an increase of EGP 10.334 billion.