The bank attributed the increase in profits during the current quarter, compared to the same quarter of the previous year, due to the increase in total operating income by 21.1%, mainly due to the increase in net Special commission income and net fee and commission income, and this increase came despite a 4.7% increase in total operating expenses.
In addition to the above, the bank attributed the increase in its profits to the increase in total operating income by 8.2%, as a result of the increase in net special commission income, net fees and commission income, net trading profits and net gains Sale of investments acquired for non-trading purposes.
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