Bank Audi- Egypt, a unit of Lebanon’s Audi Bank SAL, posted 11.2% rise in net profit for the first nine months of FY14 to EGP 329.504 million, compared with EGP 296.264 million in the same period a year earlier.
The profit increase was backed mainly by the rise in loan yields and other miscellaneous revenues by 20.1% to EGP 1.73 billion from EGP 1.44 billion.