Suez Canal Bank recorded a strong increase in net profit after taxes of 70.56%, reaching approximately $102.8 million (3.083 billion EGP) in the first half of 2025, compared to $60.2 million (1.807 billion EGP) in the same period in 2024. This information was contained in financial statements published by the bank. Meanwhile, net interest income…...
Trending
- Breaking News – BOAD successfully completes its first sustainable Samurai bond issuance and raises 25 billion yen
- Ecobank: strong growth in the first half of 2026 but results still below potential
- BCP Group and Seniors Plus conclude a strategic partnership to launch BLADI TIQQA, an exclusive offer for Moroccans Worldwide
- The Most Expensive Myth in the World: 1.7% Risk, 10 Premium Points
- Senegal: the collapse of foreign direct investments raises concerns
- DRC: Washington funds the first copper and cobalt refinery with Congolese capital, a turning point on the Lobito corridor
- Breaking News – Credit Rating: after Moody’s, S&P also takes control of an African champion
- Investing in Resilience: Urgency for Africa and Europe [Op-Ed]
Egypt: Suez Canal Bank records a 70.5% increase in its half-year net profit
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com