NSGB Net Profit Hit EGP 1.167 Bln At End Of Q3

By Administrator On Nov 10, 2012

National Societe Generale Bank’s (NSGB) net profit surged by 8.68% in the first nine months of 2012, registering EGP 1.167 billion at the end of last September, compared to EGP 1.164 billion at the end of the same period in 2011.

The bank’s separated business results showed that the bank’s portfolio of loans and credit facilities rose by 2.7%, registering EGP 36.1 billion at the end of last September, compared to EGP 35.18 billion at the end of the same period in 2011.

The bank’s deposits portfolio retreated by 0.34%, registering EGP 51.53 billion at the end of last September, compared to EGP 51.71 billion at the end of the same period in 2011.

The bank’s investments in treasury bills fell by 86.33%, registering EGP 1.35 billion at the end of Q3 of 2012, compared to EGP 9.89 billion at the end of the same period in 2011.