EBank's net profits grow by 128.4% during 9M-2023, reaching EGP2.16 bn

Separate financial statements revealed a significant increase in net profits, totaling EGP2.156 bn, compared to EGP943.7 mn in the same period of 2022, reflecting a growth of EGP 1.212 bn.  

The bank's pre-tax profit surged by approximately 108.44%, reaching EGP3.129 bn in the first 9 months of 2023, compared to EGP 1.501 bn in the same period of 2022, with an increase of EGP1.628 bn.  

The bank increased credit issuance to its customers by EGP 9.565 bn, as the total loan and customer facilitation portfolio grew by 20.67% in the first 9 months of the current year, totaling EGP 54.082 bn by the end of September 2023, compared to EGP44.817 bn by the end of December 2022.  

The bank successfully raised the total customer deposit portfolio by 13.323 billion pounds, growing at a rate of 18.29% during the first 9 months of the current year, reaching EGP86.177 bn by the end of September 2023, compared to EGP72.854 bn by the end of December 2022.  

Additionally, the bank's total assets increased by 13.89%, with a value increase of EGP13.444 bn during the first 9 months of the current year, reaching EGP110.2 bn by the end of September 2023, compared to EGP96.756 bn by the end of December 2022.