Cairo – Mubasher: The board of directors of the Egyptian Gulf Bank (EG Bank) approved the estimated budget for 2021, with net profits seen growing by 15% as compared to the expected net profits for 2020.
In addition, the board authorised its chairman to open the door for candidacy for board membership for the 2021-2024 period, the bank said in a bourse disclosure on Monday.
During the first nine months of 2020, EG Bank reported net profits of EGP 455.26 million, slightly down from EGP 459.67 million in the corresponding period a year earlier.
