Faisal Islamic Bank's volume of business up 14% in November 2019

Updated 12/10/2019 4:20:22 PM

ArabFinance: Faisal Islamic Bank of Egypt’s (FAIT) (FAITA) volume of business increased to EGP 102.68 billion at the end of November 2019, compared to EGP 900 billion in the same period last year, representing 14.1% growth, the bank stated in a statement sent to EGX.

Additionally, the total assets of the bank increased from EGP 88.480 billion in November 2018 to EGP 100.932 billion in November 2019, representing 14.1% growth.

The current accounts and deposits rose to EGP 84.932 billion in November 2019, compared to EGP 74.904 billion in the same period of the previous year, representing 13.4 % growth.

The bank accounts reached 1,717 by the end of November 2019.