Egypt’s Faisal Islamic Bank profit drops to $87mln in 2014

Faisal Islamic Bank of Egypt (FAIT) reported its consolidated results for the fiscal year 2014.

The lender reported net profit of LE664.277 million (around US$ 87million) for the year ended Dec 31, 2014, compared to a net profit of LE719.378 million in the year earlier.

Source: EGX & Arab Finance