Faisal Islamic Bank Egypt’s standalone profit up 66.8% YoY in 2022
Faisal Islamic Bank of Egypt is a financial institution that offers banking and investment services in accordance with Islamic Sharia principles through its head office and 27 branches located across the Egypt.
Faisal Islamic Bank of Egypt’s (FAIT) standalone net profit rose 66.8% year-on-year (YoY) for the period ended December 30th 2022, according to the company’s financial statement sent to the Egyptian Exchange (EGX) on Thursday.
The company reported a standalone net profit after tax of EGP 4.475 billion in 2022, compared to EGP 2.682 billion in 2021.
Faisal Islamic Bank of Egypt is a financial institution that offers banking and investment services in accordance with Islamic Sharia principles through its head office and 27 branches located across the Egypt. Read More…