Tag: Profitability
UAE’s FAB posts 6% rise in Q1 profit to AED 4.2 billion
The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio
Emirates NBD’s Q1 2024 profit surges 67% to AED 6.7 billion
The group’s asset base surpassed AED 900 billion as retail lending had its strongest-ever quarter and corporate lending closed landmark deals
EFG Holding posts EGP 14.7 billion in full-year revenues
The group’s net profit rose 47% YoY to EGP 3.2 billion in 2023, supported by the increase in profit at its brokerage division, asset management, Valu, and aiBANK
Emirates NBD-Egypt’s net profit jumps 174% to EGP 3.24 billion
Net interest income rose by 69%, registering EGP 7.3 billion in 2023, compared to EGP 4.3 billion a year earlier
NBK-Egypt reports EGP 4.02 billion in annual net profit
Customer deposits continued to grow, rising by 25.42% to reach EGP 105.93 billion in 2023