Attijariwafa Bank Egypt net profit climbs 69.4% in 9M-22
First Bank
Attijariwafa Bank Egypt reported on Monday a net profit of EGP 592.1m during the first 9 months, compared to EGP 349.5m during the comparable period with a growth of 69.40%.
The total deposit portfolio increased 26.12 % standing at EGP 47.5 billion by the end of September 2022, compared to EGP37.7 billion by the end of December 2021
However, total loans and facilities to customers jumped by 23.84% during the first 9 months of this year, to record 29.7 billion pounds at the end of September 2022, compared to 23.9 billion pounds at the end of December 2021.
Moreover, total assets increased to about 59 billion pounds at the end of September 2022, compared to 46.5 billion pounds at the end of December 2021, with a growth rate of 26.74%.
