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Net profits of Mena banks surge 30% in first half of 2023 on strong fundamentals

Net profits of Mena banks surge 30% in first half of 2023 on strong fundamentals
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MENA banking sector witnesses 30% surge in net profits

MENA banking sector witnesses 30% surge in net profits
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Mena banking sector posts 30pc surge in H1 net profits: EY

The Middle East and North Africa (Mena) region banking sector experienced a remarkable year on year (YoY) growth with a 30% surge in net profits and a 12.2% increase in net assets, according to the EY Mena H1 2023 Banking Report.

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Mena banking sector witnesses 30% surge in net profits

Mena banking sector witnesses 30% surge in net profits

Charlie alexanderHoussam itaniEy mena financial services leaderMiddle eastNorth africaFinancial services leaderCapital markets leaderOpen bankingReal time payment systems

MENA banking sector posts 30% surge in H1 net profits: EY

MENA banking sector posts 30% surge in H1 net profits: EY
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