Bank ABC continued its strong performance with an H1 net profit of $150 million, a 24 per cent growth over the corresponding period last year, driven by a 10pc increase year on year (YOY) in total operating income from core business growth and higher average asset volumes, after absorbing the impact of EGP depreciation, underpinned by both operating expenses and cost of credit being well controlled.
The group’s balance sheet strength was also maintained, with capital and liquidity ratios at robust levels, while total assets reached $44 billion .
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