Faisal Islamic Bank’s Total Assets Hiked 10.8% by August-End

Key indicators of the financial results for the first 8 months ended 31August 2013 have shown that  Faisal Islamic Bank of Egypt’s total assets surged by 10.8% to EGP 44.7 billion, compared to EGP 40.3 billion by the end of August 2012.

The lender’s current accounts, investments and saving deposits hiked by 10.2% to EGP 42.09 billion, opposed to EGP 38.1 billion by August-end of 2012.

Moreover, the bank’s business volume rose by 11% to EGP 44.95 billion by August-end of 2013, against EGP 40.4 billion in the year-ago period.

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