NSGB’s Loan Portfolio Rose To EGP 37 Bln At End-2012

National Société Générale Bank’s (NSGB) portfolio of loans and credit facilities rose EGP  1.963 billion (5.6%) to reach EGP 37.06 billion at the end of last December, compared to EGP 35.09 billion at the end of 2011. The loans and similar income achieved return of EGP 1.4 billion in 2012.

The bank’s financial statements show that deposit portfolio rose to EGP 53.7 billion at the end of 2012, compared to EGP 51.7 billion at the end of 2011, registering an increase of EGP 2 billion (EGP 3.9%). The cost of deposits and similar costs reached EGP 697.6 million at the end of 2012.

The bank’s investments in treasury bills reached EGP 12.2 billion at the end of last December, compared to EGP 9.9 billion at the end of 2011, registering an increase of 2.306 billion (23.3%).

The value of the bank’s assets hiked EGP  3.9 billion (6.3%) to reach EGP  66.4 billion at the end of 2012, compared to EGP 62.5 billion at the end of 2011.