Cairo – Mubasher: Suez Canal Bank reported an 11% year-on-year (YoY) growth in its net profits, logging EGP 601.66 million in 2020, compared to EGP 542.2 million a year earlier.

The bank’s net interest income rose to EGP 1.55 billion last year from EGP 1.24 billion in 2019, according to a bourse disclosure on Monday.

During the first nine months of 2020, the lender achieved net profits of EGP 355.988 million, slightly down from EGP 364.41 million in the corresponding period a year earlier