Financial Results
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Banks operating in Egypt record EGP 126.9bn of net profits in 1H 2023
The Central Bank of Egypt (CBE), in its quarterly report on the financial stability of banks, stated that the net return in banks reached approximately EGP 254.575bn by the end of June 2023. Meanwhile, the net activity revenues amounted to about EGP 299.313bn, and total expenses recorded approximately EGP 172.403bn….
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