Ahli United Bank’s Credit Portfolio is EGP11 billion

An official source in Ahli United Bank (AUB) said the bank’s volume of credit portfolio increased to EGP11 billion within the current period; move up by 9.7% growth rates in two months and half as the portfolio registered EGP10.02 billion at last June.

In statements to Amwal Al Ghad, the source added that the bank focus on financing all the available investment opportunities including Private and Public Partnership (PPP).

AUB’s consolidated business results revealed that the bank achieved increase in profits, registering 43% net profits (EGP91.6 million) in compared to EGP64.03 million profits in the same period of 2013.

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