Home MoneyBanks Egypt’s EFG Hermes records rise in Q3 net profit

Egypt’s EFG Hermes records rise in Q3 net profit

by Yomna Yasser

Egypt’s EFG Hermes, one of the Middle East’s largest investment banks, reported Wednesday a rise in third-quarter net profit to 120 million Egyptian pounds ($14.94 million) from 100 million a year earlier.

Revenue rose to 668 million pounds from 585 million, the bank said.

Source: Reuters

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