Faisal Islamic Bank of Egypt (FIBE) has posted EGP 393 million consolidated net profit for the six-month period that ended on June 30, 2014, with a decline by 5% compared with EGP 413 million net profit in the same period a year earlier.
The lender’s H1 standalone net profit amounted to EGP 351.5 million, down 5.2% year-over-year from EGP 370.8 million.
Total revenues amounted to EGP 1.8 billion, compared with EGP 1.9 billion in H1-13.