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Faisal Islamic Bank reports 239% surge in FY12 profit

Faisal Islamic Bank reports 239% surge in FY12 profit

The board of Faisal Islamic Bank of Egypt (FIBE) endorsed today unaudited standalone financial results for the FY that ended on December 31, 2012.

The bank posted EGP 632.330 million net profit after tax, with a surge of 238.9% from EGP 186.582 million a year earlier.