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Egypt's EDBE posts $23 mln July-Dec net profit - Daily News Egypt

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Egypt’s EDBE posts $23 mln July-Dec net profit

CAIRO: Export Development Bank of Egypt (EDBE) said consolidated net profit for the six months to end-December 2010 was LE 143.2 million. This was up from a previously stated LE 109.6 million a year earlier. The bank, 77 percent owned by the government, said in a statement released by the stock exchange that total assets …


CAIRO: Export Development Bank of Egypt (EDBE) said consolidated net profit for the six months to end-December 2010 was LE 143.2 million.

This was up from a previously stated LE 109.6 million a year earlier.

The bank, 77 percent owned by the government, said in a statement released by the stock exchange that total assets as of end-December were LE 12.38 billion, up from a previously stated LE 12.03 billion.

In November, EDBE said net profit for the July-Sept quarter had dropped 11.6 percent year on year to LE 70.4 million.

 

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https://www.dailynewsegypt.com/2011/02/28/egypts-edbe-posts-23-mln-july-dec-net-profit/
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