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FinancialNews


  • 06-08-18

    NBK-Egypt jump 36 percent in H1 net profits

    (MENAFN) NBK-Egypt was found to have posted a 36.07 percent surge in its net profits during the first half of this year, reaching USD55.2 million.

    The member of NBK Group witnessed a 10.37 percent raise in its total assets, standing at EGP65.12 billion from EGP59.06 billion recorded in 2017.

    Total customers deposits stood at EGP47.54 billion during the first six months this year, a 16.34 per cent increase from EGP40.86 billion registered last year.

    Customer loans and advances also hit EGP38.39 billion during the same period, posting a 13.20 percent year-on-year boost, compared to EGP33.91 billion by the end of last year.

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