The General Assembly of Banque Misr approved the financial statements for the fiscal year ending on December 31, 2023, highlighting remarkable growth in all business sectors. The bank’s total financial position reached EGP 2.6 trillion, showing a 14.9% growth from the previous year. A significant jump of 32.9% was observed in the net direct loans […]
RAKBANK posts AED 1.2B Net Profit (before tax) up 33% YoY in H1-2024
RAKBANK has reported impressive financial results for the first half of 2024, showcasing significant growth in key metrics. The bank’s net profit before tax surged by 33% to AED 1.2 billion, while net profit after tax increased by 21% year-on-year, reaching AED 1.1 billion. Total income for the period rose by 8.7% to AED 2.3 […]