Banque du Caire’s net profits of seen an increase by 7% to EGP 2.7 billion by the end of the third quarter (Q3) of 2021, compared to EGP 2.5 billion in the correspondent period according to local press
The bank’s net income from returns reached EGP 7.7 billion by the end of Q3-21, up 3% from EGP 7.5 billion in the same period of 2020.
Meanwhile, the bank’s net income from fees and commissions jumped by around 24% to EGP 1.4 billion in Q3-21 from EGP 1.2 billion in the corresponding period of the earlier year.
The customer and bank loans portfolio rose by about EGP 12.6 billion to EGP 105 billion by the end of September, while the corporate credit portfolio increased to EGP 51.7 billion.