(MENAFN) Egypt's Banque Misr was unveiled to have set a target to achieve a 20 percent increase in the deposits of its consumers, seeking 803 billion Egyptian pounds to be reached by the end of the financial year 2018-2019.
Vice chairman Akef El Maghraby noted that 669 billion pounds have been recorded within this year in the deposits of the customers.
El Maghraby confirmed that the second largest state-run bank is looking for a 20 percent raise in its banking retail portfolio, adding that it posted 23.2 billion pounds in June.
The bank also aims to boost its small and medium enterprises portfolio to hit 25 billion pounds by the end of 2018/2019.
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