Cairo – Mubasher: Faisal Islamic Bank of Egypt reported that net profits for the third quarter of 2016 jumped 142% year-on-year to EGP 623 million from EGP 257.1 million, according to the consolidated statements.
Its first nine-month profits reached EGP 1.1 billion, stronger 72% year-on-year from EGP 646.6 million.
Earlier, the bank announced earned EGP 490.3 million in the first half of 2016, compared with EGP 389.5 million for the year-ago period.