ADIB Egypt Makes Consolidated Profits 51% Higher in 2022

Abu Dhabi Islamic Bank-Egypt (ADIB Egypt) generated consolidated net profits after tax worth EGP 2.18b in 2022, an annual leap of 51% from EGP 1.45b, according to the “Zawya” website.

The interest income enlarged by 37.80% year-on-year (YoY) to EGP 4.82b during the January-December 2022 period from EGP 3.50b, according to the financial results.

Furthermore, the clients’ deposits hit EGP 97.61bi in 2022, higher by 29% than EGP 75.67b in 2021.