(MENAFN) Lebanon's lender Audi Bank scored a 48% rise in 2017 net profit to 1.020 billion Egyptian pounds from 2016's 735 million pounds, its managing director Mohamed Abbas Fayed said.
He stated that the bank's profits represent 10.5% of the total profits of Bank Audi Saradar in Lebanon where it recorded USD559 million of which Egypt share has posted USD58 million.
Fayed further said that the bank has scored return on asset of 1.9%, while, it posted return on equity of 21 percent by the end of last year.
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