Egypt’s BdC reports 66% y-o-y jump in 9M2019 net profits

EARNINGS WATCH- Banque du Caire’s (BdC) net profits increased 66% y-o-y to EGP 3 bn in 9M2019, up from EGP 1.7 bn during the same period last year, according to Mubasher. The bank’s net interest income grew 33% y-o-y to EGP 6 bn during the first nine months of the year.