Audi Bank earns $202m in Half-year

Cairo, Egypt (Capital Markets in Africa) — Audi Bank posted a 7% rise in its consolidated net earnings for the six-month period ended 30 June 2015. H1 earnings reached $202 million (EGP 1.6 billion), the lender said in a press statement. Customer deposits totalled nearly $36.1 billion, and total loans reached approx. $17 billion. In addition, shareholders’ equity reached nearly $3 billion.