Suez Canal Bank

The Suez Canal Bank announced in a statement on Tuesday that it achieved a net profit of EGP 96m at the end of March 2022, compared to EGP 116m in March 2021.
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The Suez Canal Bank said that it has achieved a 6% growth rate, reaching EGP 57.4bn by the end of 2021, compared to 2020’s EGP 54.4bn, according to Hussein Rifai, the Chairperson and Managing…
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The Suez Canal Bank participated — with a value ranging from EGP 195m to EGP 200m — in the securitisation processes of two financial leasing and mortgage finance companies.
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The Suez Canal Bank’s (SCB) business results showed an increase in the bank’s total financial position to record EGP 57bn in September 2021, compared to EGP 54bn in December 2020, achieving an…
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Suez Canal Bank achieved net profits of EGP 240.84 million in the first half (H1) of 2021, an increase of 7.5% year-on-year (YoY) from EGP 223.9 million.
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Suez Canal Bank reduced its stake in Mohandes Insurance to 0.00007% from 3.06%.
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The Suez Canal Bank (SCB) revealed that the bank aims to focus on car financing activities, Hussein Refaey, Chairperson and Managing Director said.
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Egypt’s Suez Canal Bank reported on Monday an 11 percent year-on-year increase in its new profit after tax to 601.664 million Egyptian pounds ($38.3 million) in 2020.
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