E Bank's net profits jumps by 145.1%, records EGP 1.23 bn, At 2022
Separate financial statements of Export Development Bank of Egypt , which ended on December 31, 2022, revealed that the bank’s net profits increased by a growth rate of 145.10%, to record EGP1.229 bn in 2022, compared to EGP 501.4 mn in 2021.
The bank's total assets jumped by 26.93% during 2022, to record EGP 96.724 bn at the end of December 2022, compared to EGP76.202 bn at the end of December 2021, an increase of EGP20.522 bn.
Total loans and facilities to customer jumped by 23.29% during 2022, an increase of EGP8.467 bn, reaching EGP44.817 bn at the end of December 2022, compared to EGP36.350 bn at the end of December 2021.
Furthermore, Total deposits portfolio increased by a growth rate of 13.16% over the past year, after the bank was able to increase its deposits by EGP 8.473 bn, to record EGP 72.854 bn at the end of December 2022, compared to EGP64.381 bn at the end of December 2021.
