Cairo – Mubasher: Banque Du Caire has reported a 210% year-on-year hike in net profit during the full year 2018, recording EGP 2.5 billion ($140 million).

The bank’s total assets went up 13% year-on-year to EGP 165.7 billion at the end of last year, according to a bank statement.

Loan portfolio increased by EGP 21.4 billion to EGP 66 billion in 2018, in comparison with the year-ago period.

The Egyptian state-owned bank soared 53.8% year-on-year in the first nine months of 2018.