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Marked increase in deposits, loans portfolios, NPLs decline at most banks
36 of ADIB-Egypt’s 70 branches are located outside Cairo and Alexandria
President of the African Development Bank (AfDB) Akinwumi Adesina said the bank will offer a $1.5bn fund for Egypt’s new Administrative Capital project.
Bank’s reports reports growth of 20% in first nine months of 2015, compared to same period of 2014
The result of ADIB’s operation revealed that it achieved a net profit, before taxes, during the first half of 2015, amounting to EGP 336.2M, an increase of 43% from the first half of 2014.
• ADIB – Egypt supports vital projects launched including power station, oil refinery, PPP in transport, wind farm and rehabilitation center