The div marked a 9.3% rise from the EGP 103 billion recorded in August 2019, the statement added
The bank's total assets increased 13% to record EGP 109.7 billion in August 2020, compared to EGP 97 billion in the same month a year earlier.
The current accounts and deposits rose to EGP 93 billion in August 2020, a 13% growth from EGP 82 billion in August 2019.
The bank reported a consolidated net profit before minority interest of EGP 854.074 million in the first half (H1) of 2020, a 37% decline From EGP 1.348 billion achieved in H1 2019.
Standalone net profit reached EGP 791.639 million in H1 2020, a 42% decline from EGP 1.360 billion posted H1 2019.
Faisal is a financial institution that offers banking and investment services in accordance to Islamic Sharia principles through its head office and 27 branches located across the country.
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