Export Development Bank of Egypt (EBE) reported a 37% year-on-year (YoY) decline in its consolidated net profits to EGP 695.35 million in fiscal year (FY) 2020/2021, compared to EGP 1.103 billion, including minority shareholders’ rights.
Related Posts
The interest from loans and similar income fell to EGP 5.26 billion in the year ended 30 June from EGP 5.55 billion a year earlier, the bank said in a bourse disclosure on Sunday.
The standalone net profits declined to EGP 617.99 million in FY20/21, compared to EGP 1.013 billion in FY19/20.
During the first nine months of FY20/21, the bank registered a net profit of EGP 535.89 million, compared to EGP 978.29 million in the year-ago period.
