BdC net income up 20% in 1Q2021

Banque du Caire’s (BdC) net income rose 20% y-o-y in 1Q2021 to EGP 1 bn, up from EGP 838 mn during the same period last year, according to financial statements seen by Hapi Journal. This was driven by a 5% rise in revenues, which hit EGP 2.5 bn during the three-month period, from EGP 2.4 bn in 1Q2020.