Cairo – Mubasher: Faisal Islamic Bank of Egypt saw its business volume growing by 14.5% year-on-year (YoY) by the end of April to EGP 109.6 billion from EGP 95.75 billion, the bank’s financial indicators showed.
The bank’s assets grew to EGP 104.18 billion at the end of last April from EGP 91.7 billion in the same month a year earlier, according to a statement to the Egyptian Exchange (EGX) on Tuesday.
Additionally, current accounts and savings schemes managed by Faisal Islamic Bank increased by 14% to EGP 88.9 billion.
The number of current accounts and saving schemes ran by the bank recorded 1.7 million, an increase of 5.8% YoY from 1.6 million in April 2019.
