Suez Canal Bank registers profits in 2021
- Date: 21-Feb-2022
- Source: Zawya
- Sector:Financial Services
- Country:Middle East
Suez Canal Bank registers profits in 2021
ArabFinance: Suez Canal Bank(CANA) posted a growth in its net profit after tax for the full-year 2021, according to the bank’s audited financial statements filed to the Egyptian Exchange (EGX) on Sunday.
The bank’s net profits after taxes rose to EGP 604.675 million in the full year ended December 31st 2021, from EGP 601.664 million in 2020.
Suez Canal Bank is an Egypt-based company engaged in providing corporate, retail, and investment banking products and services.
The bank's range of banking products includes direct and indirect finance, loans, social funds, deposits, savings, credit cards, issuance of letters of guarantee, and other Islamic banking services, in addition to technical, economic, financial, administrative, and consultative services.
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