Egyptian National Bank's profits are LE 300 million

The profits of the Egyptian National Bank reached LE 300 million, an increase of 50% over last year. The total deposits recorded an increase of LE 2.4 billion to reach LE 46.5 billion.

This came in the discussion of the bank's board of directors over the budget that will be presented to the general assembly that will be convened at the end of the coming month.

An official source in the bank said that the bank's total assets had increased to nearly LE 61 billion at the end of the last fiscal year on June 30, an increase of LE 7.25 billion.