Financial Report 1st Quarter 2002

(In thousands EGP)

As of 31st March 2002

End March 2002

End March 2001

Assets   7 109 874 5 765 472
Deposits 5 842 004 4 541 763
Loans (Net) 3 944 580 3 209 285
Shareholder's Equity

   561 344

   473 016

1st Quarter 2002
1st Quarter 2001
Net return  51 735  48 476
Net activity revenue  80 461  85 845
Net period profits  35 374  34 120
Financial Ratios
1st Quarter 2002
1st Quarter 2001
Return on assets 0.50 % 0.59 %
Return on Equity 6.30 % 7.21 %
Equity to Assets 7.90 % 8.20 %