Banque Misr is planning on retaining 2016-17 earnings to support the bank’s capital, Vice Chairman Akef El Maghraby tells Al Mal. El Maghraby refused to disclosed the bank’s net profit for the year, but says it showed good growth levels. He added that Banque Misr plans to expand internationally and open more representative offices internationally, beginning with Kenya and South Korea in 1H2018.

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