CIB’s robust interim financial results in Q2 driven by resilient margins: report
Investment income failed to support non-interest earnings as it fell by 61%
Investment income failed to support non-interest earnings as it fell by 61%
Net profits in Q2 of 2015 register EGP 431.2m
The company stated it achieved 9.9% profit growth over Q1 of 2015, compared to last year
The bank’s capital adequacy ratio stood at a strong level of 14.6%.
State-owned Banque du Caire aims to finance several projects the government will present in the March Economic Summit, said the bank’s Vice-Chairman Mohamed Taha. Taha said his bank has a large liquidity enabling it to expand in funding national projects, noting the bank will attend the Summit, and will study all proposed projects. In late …