The Clap:
The Export Development Bank of Egypt (EXPA) recorded a 94% hike in net profits in the three months that ended in March.
Net interest income:
The bank recorded EGP 1.97 billion in net interest income, a 40.8% YoY rise from the same period last year.
Net fees & commissions income
19.7% YoY to EGP 430 million.
Net profit:
The company recorded a 94% YoY leap in net profits to EGP 1.09 billion during the quarter, its earnings release to the EGX showed.
