Bank ABC Egypt’s net profit jumps by 168% during H1-2023, recording EGP 703 mn
First Bank
The latest financial results of Arab Banking Corporation Egypt, ending on June 30, 2023, revealed an increase in the bank’s net profit, with a growth rate of 168%, to record EGP 703 bn during the first half of 2023.
The Bank's total assets recorded EGP 73.7 bn, while total loan portfolio reached EGP 22.7 bn, in addition total customer deposits reached EGP 62.6 bn by the end of June 2023