HomeGlobal EconomyArab Finance - Al-Masry for Export Development rises in its quarterly profits

Arab Finance – Al-Masry for Export Development rises in its quarterly profits


Al-Masry Export Development Company rises in its quarterly profits

Arab Finance: Company announced Egyptian Export Development Bank (EXPA)announced the results of its consolidated and unconsolidated operations for the financial period ending on 09/30/2024, which showed achieving a net profit. assembly It amounted to 1.563 billion pounds, compared to a combined net profit of 1.025 billion pounds for the same period of the previous year.

The results for the financial period ending on 06/30/2024 also showed a net profit independent It amounted to 1.565 billion pounds, compared to an independent net profit of 955.655 million pounds for the same period of the previous year.

The Egyptian Export Development Bank (EBank) was established in 1983 with the aim of promoting Egyptian exports in all sectors (agricultural, industrial, commercial). EBank quickly distinguished itself as a center for export operations in Egypt. EBank's focus on customer satisfaction and interest in supporting exporters has earned it the trust of many small and medium enterprises (SMEs), financial institutions and individuals.

The bank plays an essential role locally and internationally. Locally through import substitution projects to support local producers, and internationally by contributing to the access of Egyptian products to global markets through financing export transactions. EBank's diverse and integrated services are available to all bank customers.

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