Ahli United Bank (Egypt) Announces First Half Results for 2009
Ahli United Bank (Egypt) (“AUBE”) announced its financial results for the first half ending June 30th, 2009. The bank posted net income of EGP 107.3 million compared to EGP 106.9 million for the same period in 2008. Net operating income was EGP 145.9 million, an increase of 11.2% over the same period in 2008, and total assets were EGP 7.3 billion. Gross loans to customers grew by 28.5% to EGP 4.2 billion over the same period in 2008.
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