{"id":322944,"date":"2021-08-16T13:52:27","date_gmt":"2021-08-16T13:52:27","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=322944"},"modified":"2021-08-16T13:52:27","modified_gmt":"2021-08-16T13:52:27","slug":"alexbank-h1-pre-tax-net-profit-grows-to-egp-1-959-billion","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/08\/16\/alexbank-h1-pre-tax-net-profit-grows-to-egp-1-959-billion\/","title":{"rendered":"AlexBank H1 pre-tax net profit grows to EGP 1.959 billion"},"content":{"rendered":"

Egypt\u2019s AlexBank achieved net profit before tax worth up to 1.959 billion Egyptian pounds ($124.6 million) for the first half of the year, up from 1.369 billion pounds last year.<\/p>\n

The bank, which is controlled by Italy\u2019s Intesa Sanpaolo, recorded net profit for the six months ended in June of 1.357 billion from 1.369 billion pounds in the same period in 2020.<\/p>\n

Total assets rose to 107.4 billion pounds at the end of June 2021 from 102.341 billion pounds at the end of December 2020, according to the bank\u2019s latest financial statements.<\/p>\n

Loans and facilities to customers also grew to around 49.758 billion pounds at the end of June, compared with 47.964 billion pounds at the end of December 2020.<\/p>\n

Customers\u2019 deposits increased to 89.587 billion pounds at June-end from 85.010 billion pounds at December-end.<\/p>\n

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Egypt\u2019s AlexBank achieved net profit before tax worth up to 1.959 billion Egyptian pounds ($124.6 million) for the first half of the year, up from 1.369 billion pounds last year.<\/p>\n","protected":false},"author":4,"featured_media":321416,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[296],"class_list":["post-322944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-alexbank"],"yoast_head":"\nAlexBank H1 pre-tax net profit grows to EGP 1.959 billion - egy-africa<\/title>\n<meta name=\"description\" content=\"Egypt\u2019s AlexBank achieved net profit before tax worth up to 1.959 billion Egyptian pounds ($124.6 million) for the first half of the year, up from 1.369 billion pounds last year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/egy-africa.com\/en\/2021\/08\/16\/alexbank-h1-pre-tax-net-profit-grows-to-egp-1-959-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AlexBank H1 pre-tax net profit grows to EGP 1.959 billion - 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