Flash Report /
Egypt

Export Development Bank Of Egypt: Management webinar key takeaways

  • 20-22% deposit growth in 2022, with an increased focus on CASA, and 20-22% loan growth mainly driven by retail and SME

  • Bottom line should grow at 60% in 2022 coming from a low base in 2021 (which translates to EGP700-750 million).

  • EXPA to increase capital by EGP3.0 billion in 2022, divided on two tranches, through two rights issues

Al Ahly Pharos Securities Brokerage
12 January 2022