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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.

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