749 million pounds, profits of "Al-Ahly Kuwaiti - Egypt" in 2019Visits : 12

749 million pounds, profits of

National Bank of Kuwait - Egypt announced in a press statement yesterday that it achieved strong financial results for the fourth year in a row, as net operating profits increased by 39% at the end of 2019 compared to the previous year to reach one billion Egyptian pounds, and net income from revenue grew by 38% to reach 1.43 billion pounds, to make the banks performance more robust, as net profit reached 749 million pounds (after excluding the impact of foreign currency revaluation), total assets also increased 27% to 35.69 billion pounds, and the total customer loan portfolio grew 20% to 19.14 billion Pounds, as well as customer deposits increased by 17% to reach 28.19 billion pounds.

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