Financial Report 2nd Quarter 2004

(In thousands EGP)

As of 30th June 2003

End June 2004

End June 2003

Assets   11 486 673 9 896 425
Deposits 9 930 102 8 454 372
Loans (Net) 5 519 501 5 119 423
Shareholder's Equity

   735 957

   665 449

2nd Quarter 2004
2nd Quarter 2003
Net return  187 198  150 192
Net activity revenue  316 597  251 016
Net period profits  108 276  90 102
Financial Ratios
2nd  Quarter 2004
2nd  Quarter 2003
Return on assets 0.94 % 0.91 %
Return on Equity 14.71 % 13.54 %
Equity to Assets 6.41 % 6.72 %