Emirates NBD’s net profit jumps by 116.8%, records EGP 1.2 bn in 2022

Emirates NBD Egypt revealed its latest financial statements at the end of December 2022, the bank's net profit jumped at a growth rate of 116.76%, to record EGP 1.181 bn in 2022, compared to EGP 544.7 mn in 2021.

The bank's total asset portfolio also jumped to reach EGP 100.94 bn at the end of December 2022, compared to EGP82.58 bn at the end of December 2021, with a growth rate of 22.23%, and an increase of EGP18.36 bn

Total deposit portfolio jumped at a growth rate of 26.10% over the past year, to record EGP 85.22 bn at the end of December 2022, compared to EGP 67.58 bn at the end of December 2021 , with an increase of EGP17.64bn

Total loans and facilities to customers increased by 9.92% over the past year, to reach EGP42.90 bn at the end of December 2022, compared to EGP39.03bn at the end of 2021, with an increase value of EGP3.87bn.