Emirates NBD-Egypt Attains EGP92mln Net Profits at Q1-End

By Salma Ayman On May 29, 2014

The Emirates NBD – Egypt achieved EGP92.5million profits at the end of first quarter of 2014, against EGP71.5million at Q1of 2013, registering EGP21million increase.

The bank’s Financial statements revealed that the clients’ loans and facilities boosted to EGP525million to register EGP7.071billion at March-2014, in compared to EGP6.546billion at 2013-end.

The total value of clients’ deposits reached up EGP18.288billion at Q1 against EGP16.771billion at 2013 , move up by EGP1.517billion.

The Bank’s total assets inched to EGP1.632billion, hitting EGP21.983billion at March-end, in compared to EGP20.350billion at December 2013.

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