NSGB-Egypt Deposits Hit EGP 63.3 bln in Sept-End

The deposits portfolio of the National Societe Generale Bank (NSGB) in Egypt surged by EGP 10 billion move up with EGP 63.7 billion at the end of September compared to EGP 53.7 billion at the end of 2012.

The separate financial statements of the bank revealed that the total granted loans and facilities of the customers went up by EGP 3.3 billion, registering EGP 40.3 billion by the end of the current year, compared to EGP 37.1 billion 2012-end.

The bank’s treasury bills  investments hit EGP 1.8 billion, recording about EGP 14 billion at the end of September, against EGP 12.2 billion at the end of 2012.

The total assets of NSGB inched by EGP 10 billion, recording EGP 76.4 billion at the end of September, compared to EGP 66.4 billion in 2012.

The Bank’s cash balances with the Central Bank of Egypt (CBE) jumped a hit worth EGP 1.2 billion, registering EGP 5.3 billion in September2013, against EGP 4.02 billion in 2012.