With Q2 2019 earnings season approaching its end, many EGX-listed banks have already reported their H1 2019 results. In Today’s Story, we highlight the dominant themes that ran through the income statements of eight EGX-listed banks, namely ADIB, CANA, CIEB, COMI, HDBK, NBKE, QNBA, and SAUD. Combined, these eight banks generated EGP14.43bn in earnings in H1 2019 (+21% y/y), with net interest income (NII) hitting EGP24.31bn (+24% y/y) and revenues totaling EGP29.07bn (+18% y/y)
For more details, please read the full report below.