NSGB Subsidiaries  The bank has established various subsidiaries in specialized fields that will position NSGB as a major financial institution. The creation of these subsidiaries further demonstrates the commitment of Société Générale Group to Egypt. Sogelease Egypt (NSGB Leasing Company) Created in 1997 Sogelease Egypt is the first incorporated Egyptian leasing company as a joint venture between Société Générale (40 %), National Société Générale Bank (40%) and National Bank of Egypt (20%) to provide leasing services to Egyptian companies. Sogelease Egypt is the market leader with around 2 billion book value assets leased NSGB Life Insurance Company Created in 2003 NSGB Life Insurance Company is a joint stock between SOGECAP (No.5 in France, fully owned by Société Générale) and NSGB. The company has developed a large range of products meeting main customer needs in saving and planning ( AlRafiq Graduation, AlRafiq Wedding, AlRafiq Retirement, AlRafiq Project)& El Nokhba saving program . In addition, the protection policies for both individuals and corporate stuff. Licensed by EISA, the company is among the few players in Egypt combining local roots with international standards ALD Automotive Company Created in 2005 ALD automotive company is a subsidiary of National Société Générale Bank (25%) and ALD (Europe) (75%), began its activity on September 2005. It is a long-term rental & fleet management for vehicle. The company offers full service operating lease for all marks and models of vehicle for corporate clients, vehicle’s delivery service, maintenance and tyres management, a road assistance service. It is considered the first company of its kind in the Egyptian market.