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Suez Canal Bank’s profit rises to EGP 267.8m in H1-22

Suez Canal Bank posted a net profit of EGP 267.83 million during the first half (H1) of 2022, up from EGP 240.83 million in the corresponding period in 2021.

 

Earnings per share (EPS) came in at EGP 0.81 in H1-22, compared to EGP 0.75 in H1-21, according to a bourse statement on Monday.

 

In the meantime, the bank’s net interest income stood at EGP 825.77 million in the January-June period in 2022, a rise from EGP 763.49 million in the same period a year earlier.