NBD Posts EGP 179.4 Mln Net Loss In H1 2012

The National Bank for Development’s (NBD) consolidated results posted a post-tax net loss of EGP 179.427 million in the first half of 2012, compared to a net loss of EGP 342.226 million in the corresponding period, 47.5% down.

The unaudited financial statements showed a post-tax net loss of EGP 187.468 million in the first half of 2012, compared to a net loss of EGP 318.751 million in the corresponding period.