ArabFinance: Osool ESB Securities Brokerage (EBSC) posted a net profit of EGP 1.333 million in quarter one (Q1) 2021, according to the company’s May 9th financial statements filed to the Egyptian Exchange.
This marked a Year on Year rise of 33% when compared to EGP 1.003 million in Q1, 2020.
In March, Osool signed a memorandum of understanding with Abu Dhabi Islamic Bank-Egypt’s (ADIB) subsidiary, ADILease Company, to secure a 350 million loan.
Osool is an Egypt-based company engaged in the securities brokerage sector. The company offers a range of tools include snap tickets, trigger orders, saved orders, web market watch and customizable trading application, and online trading system training services.