National Investment Bank posts EGP 6B profit in FY2024/25

· Egyptian market news · ARAB

The National Investment Bank (NIB) recorded a net profit of nearly EGP 6 billion in fiscal year (FY) 2024/2025, reversing losses of EGP 31.7 billion a year earlier, according to a statement by the Ministry of Planning and Economic Development.

The results were announced during a meeting of the NIB’s board of directors, chaired by…

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Source: Arab Finance — read the original story

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