As of the end of December 2022, total assets grew by 55% compared to 2021 to reach EGP 206.45bn, whereas net income from fees and commissions surged by 40% achieving EGP1.48bn. Meanwhile, net income from interest stood at EGP7.08bn to record a rise of 35% compared to FY2021. It is worth noting that the comparative results, FY2022 vs. FY2021 are based on the figures of First Abu Dhabi Bank Egypt and Bank Audi for FYE2021 vs FABMISR merged entity in 2022. We are committed to continuing our plans to achieve this strategy during the upcoming financial year. Moreover, FABMISR's social responsibility strategy features great support for various fields, especially sports, art, culture and sustainability.

Source: Daily News Egypt April 08, 2023 05:06 UTC