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Thndr Claps » EGY Claps » Earnings 📈 » A 123% jump in Faisal Islamic Bank’s profits

A 123% jump in Faisal Islamic Bank’s profits

by Ziad Amin
May 28, 2022

The Clap
Faisal Islamic Bank (FAIT) recorded net profits of EGP 1.28 billion in Q1-2022, compared to EGP 578.5 million in Q1-2021.

The bank benefitted from the remarkable growth in its revenues during the first quarter of 2022, which amounted to 4.55 billion pounds, compared to 3.19 billion pounds in the same period of 2021.

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