During the third quarter 2007, NSGB net income totaled EGP 167 million, up 57% on Q3 06. For the first 9 months, the bank posted an increase in its results by 37% to reach a net income of EGP 506 million, after goodwill amortization.

See Full Press Release
 

See Full Press Release
 

NSGB has released its full year 2006 results, which show solid growth of the operating result, one off costs of the merger with MIBank.
Gross operating income: EGP 940 Million, + 8% vs NSGB and MIBank 2005.
See Full Press Release
 

NSGB announces a capital increase of EGP 450,6 million. This capital increase is available to the existing shareholders as at March 14, 2007, close of business. The shareholders will be able to subscribe for 2 new shares for every 9 existing shares held, at a subscription price of EGP10.
See Full Press Release
 

NSGB announces the completion of the legal merger with Misr International Bank effective November, 30th, 2006.
See Full Press Release
 

NSGB has released its 3rd Q-2006 unconsolidated results, which show solid performances with a +19% increase in net earnings. The bank reported net profits of EGP 370 million, up from EGP 311 million at the end of September 2005.

See Full Press Release.

NSGB has released its 2nd Q-2006 results, which show solid performances with a +62% increase in net earnings. The bank reported net profits of EGP 248 million, up from EGP 153 million at the end of June 2005.

See Full Press Release.

NSGB has released its 1st Q-2006 results, which show solid performances with a +57% increase in net earnings. The bank reported net profits of EGP 105 million, up from EGP 67 million at the end of March 2005.

See Full Press Release.

NSGB has released its full year 2005 results, which show solid performances with a +100 % increase in net earnings. The bank reported net profits of EGP 493 million, up from EGP 247 million for last year.

Gross profit, coming to EGP 568 million in December 2005 versus EGP 491 million at the end of December 2004, increased at the rate of 16% See Full Press Release.

NSGB has released its 2nd Q-2005 results, which show solid performances with a +42% increase in net earnings. The bank reported net profits of EGP 153 million, up from EGP 108 million at the end of June 2004.
Gross profit, coming to EGP 287 million in June 2005 versus EGP 231 million at the end of June 2004, increased at the rate of 24 %. See Full Press Release.

NSGB released it's Q1-2003 financial results, which shows a +20% increase in net earnings compared with the same period last year.

NSGB released it’s financial statements ended Dec.31 2002 which show a net profit of EGP 165.4 million, representing a growth of 16.4% in net earnings.

NSGB has released its Q3-2002 results, which show a +4% increase in net earnings compared with same period last year.

NSGB 2001 results: 14% increase in net earnings. Net Profits of EGP 142 million.

Acquisition of 3,33% of NSGB capital - Société Générale reinforces its commitment and presence in Egypt -

NSGB 3rd Quarter 2001 results: +10% increase in net earning. Net Profits for this period are EGP 111 millions, up from EGP 100.5 millions for the same period last year.

SG/NSGB awarded advisory mandate for the largest Project Finance ever lunched in Egypt.

Between 0.9 and 1.6 Billion USD for an LNG Plant carried out by consortium formed by EGPC / British GAS / Edison

28.11.2002: NSGB is pleased to announce that Vodafone has been added as a provider for the PortaBank Service.

Making the service available to all mobile holders in Egypt regardless of their mobile network provider. Through PortaBank, NSGB customers can receive select banking information via their mobile telephones using SMS technology. This service is also accessible while customers are roaming abroad.

PortaBank allows NSGB customers to receive their account balance, the last three movements on their account, stock prices, notification of salary deposit and the exchange rates of four main currencies (Dollar, Euro, Sterling and Yen). NSGB ensures the security of the PortaBank service using firewalls to secure the confidentiality of each transaction. The service is only accessible via the customer’s specified mobile phone number.

NSGB has pioneered this type of service in Egypt, launching PortaBank in May 2000. NSGB’s PortaBank was also one of the first of its kind in the Middle East.

The expansion of the PortaBank service highlights NSGB’s commitment to offering its customers multiple channels by which to access their account. This gives clients even more flexibility to choose how they wish to access their bank, using NSGB’s ever expanding multi-channel infrastructure. Hence, NSGB customers can choose to access their account not only through PortaBank, but also through the following means:-
• Fonabank, NSGB’s convenient 24hours, 7days a week call center facility.
• Non-Man-Units tactically located in Talaat Harb and Champollion Cairo and soon Roushdy in Alexandria.
• A Network of almost 50 ATMs.
• Any of 32 strategically positioned branches

17.11.2002: NSGB released its Q3-2002 results, which show a +4% increase in net earnings compared with same period last year..

NSGB reported net profits of EGP 115.7 million, up from EGP 110.8 million at the end of Sep. 2001. The total balance sheet figures reached roughly EGP 7,483 million at the end of Sep. 2002 versus approximately EGP 6,617 million at the end of September 2001, with a growth rate of +13%. Thanks to this very satisfactory performance in a still difficult environment, NSGB comforts its ranking as 3rd largest Egyptian private bank and the largest foreign bank in Egypt

9.10.2002: NSGB launches a new phone banking service" FonaBank".

NSGB launches a new phone banking service" FonaBank" for customers to be able to access their accounts 24 hours a day, seven days a week. With FonaBank, subscribers can conveniently get their personal banking information anytime, from any phone, using a state-of-the-art automated system. 

FonaBank clients can access the balance and movements on all their NSGB accounts, including information on deposits and loans. The new system also allows customers to make transfers between NSGB accounts, receive account statements and order check books. Customers can request to receive their credit card statements via fax, as well as get information on currency exchange rates. In addition, non-subscribers can get further information on NSGB products and services by talking to a highly trained FonaBank representative anytime between 9am - 10pm Sundays to Thursdays, by calling 5803800

28.02.2002: NSGB 2001 results : 14% increase in net earnings, Net Profits of EGP 142 million.

Reuters: NSGB Results "Beating Analysts' Forecasts"

CIBC.: "Bottom-line profit higher than our expectations"

21.12.2001: Acquisition of 3,33% of NSGB capital - Société Générale reinforces its commitment and presence in Egypt -

After receiving all the necessary approvals from Central Bank of Egypt and Cairo Stock Exchange, Société Générale has purchased on 20.12.01 one million NSGB shares at market price. After this acquisition, Société Générale owns around 54,33% of the capital of NSGB.

19.11.2001:NSGB 3rd Quarter 2001 results: +10% increase in net earnings. Net profits for this period are EGP 111 million, up from EGP 100.5 million for the same period last yeart

NSGB has released its 3rd Quarter 2001 results, which show a +10% increase in net earnings. The bank reported net profits of EGP 111 million, up from EGP 100.5 million for the same period last year. 

The main reason for this increase was a 17% surge in net interest income - which resulted from the net effect of a 16% increase in interest income to EGP 443 million as well as an increase of 15% in interest expense to EGP 292 million. The banks fees and commissions improved by 22% as a natural consequence of NSGB's 19% net loan portfolio growth in addition to an increase in the bank's L/C's and L/G's (outstanding) by 14%. 

The total balance sheet figure reached roughly EGP 6,617 million at the end of September 2001 versus approximately EGP 5,068 million at the end of September 2000, with a growth rate of +31%. 

The total customer's deposits reached EGP 5,323 million at the end of September 2001 versus EGP 3,869 million at the end of September 2000, showing an increase of +38%. 

The net customers' credit facilities reached about EGP 3,842 million at the end of September 2001 (after deduction of provision) against approximately EGP 3,272 million at the end of September 2000, with an increase of 17%. 

Gross profit, coming to about EGP 181 million in September 2001 versus nearly EGP 146.9 million at the end of September 2000, increased at the rate of 23%. 

These good performances have been achieved in a more difficult environment compared to 2000 and have been welcomed by several Egyptian Investment banks including EFG Hermes or HC Securities.

During the first 3 quarters of 2001, NSGB has invested heavily especially in Individual Banking which explains the significant increase in operating expenses (+31%): recruitment of around 86 new staff and opening of 6 new branches: Makram Ebeid, Abbas El Akkad, Roxy, Shoubra, Zamalek in Cairo as well as Kafr Abdu in Alexandria. Thus, by the end of September 2001, the Bank has a network of 20 branches distributed on the most important industrial, commercial and urban communities. 

Several other branches are already under preparation in Shehab, Hegaz, New Nozha, New Maadi and Bab el Louk & Champollion (Down Town) in Cairo and Semouha in Alexandria. It is expected to add between 5-7 new branches during the last quarter of 2001 to achieve wider coverage so that the NSGB becomes even closer to its clients. 2002 will as well witness the inauguration of its new Head Office in Cairo Downtown. 

Thanks to this strong performance, NSGB comforts its ranking as 3rd largest Egyptian private bank.

Individual Banking activity during the 3rd quarter 2001

Following its rapid development in the Retail Banking activity, NSGB has opened during the last 3 months 2 branches in Cairo (Abbas El Akkad in Nasr City and Roxy in Heliopolis). In one year, NSGB has opened 6 branches. Three additional branches were opened in October 2001: Bab El Louk (Downtown Cairo), New Maadi (Cairo) and Semouha (Alexandria). NSGB has now 23 branches in total.

At the same time, the Bank has increased the number of products offered to its clientèle, with a 3 years Certificate of Deposit CD serving a fixed rate interest (monthly payment) which is very successful, and has also enlarged its card program with two VISA credit cards (Classic and Gold, offered with a full insurance coverage). NSGB is now offering the largest range of plastic cards in the whole Egyptian market with cards adapted to everyone's needs: 

· ATM card 

· VISA Electron Debit card (NSGB is the only bank with Banque Misr to provide this card in Egypt) 

· VISA Credit Card Classic 

· VISA Credit Card Gold 

· CD interest withdrawal card (NSGB is the only bank to offer this service in the country)

21.12.2001: SG/NSGB awarded advisory mandate for the largest project Finance ever lunched in Egypt

Between 0.9 and 1.6 Billion USD for an LNG Plant carried out by consortium formed by EGPC / British GAS / Edison.

16.05.2001: NSGB 1st Quarter 2001 Results - Net Profit Increase!

NSGB announces its financial results for the first quarter 2001, which record a net profit of over 34 million EGP: an increase of about 13% compared with the same period of last year.

NSGB 1st Quarter 2001 Results
Société Générale Group 1st Quarter 2001 Results

09.05.2001: Financial Times article reflects on NSGB's performance

In a Financial Times' article dated May 9, 2001 (SURVEY - EGYPT: Gallic flavour to Cairo enterprise) journalist JAMES DRUMMOND focuses on NSGB's performance and development in Egypt: "National Société Générale Bank, Société Générale's Egyptian affiliate, is clearly an institution that feels that Egypt's current economic woes provide an opportunity for the adventurous. NSGB, which has 18 branches in Egypt, is hoping to open another 12 branches by the end of the year subject to the approval of the Central Bank of Egypt..."

Read full article

14.03.2001: Official opening of Kafr Abdou Branch with the French Ambassador

NSGB has inaugurated on 14-03-2001 its Fourth Branch in Alexandria for Individuals after Roushdy, Borg El Arab & Zizinia Branches, with the presence of the French Ambassador (François Doppfer).The event has been attended by Alexandrian Businessman & High Net Worth Individuals.

13.02.2001: General Assembly.

The ordinary & the extraordinary General Assembly dated on 13 - 02 - 2001 had decided: -Dividend of the Coupon no 22 with 1 EGP to each stock throughout Banks cooperated in The Egyptian - Clearing House.
-Distribution of free stocks with rate 36,36% from the capital (4 free stocks to every 11 stocks).

04.02.2001: NSGB official sponsor of the International Conference on Global Economy (ICGE) organized by the A.U.C (American University in Cairo) Student Union.

NSGB was the official sponsor of the first annual International Conference on Global Economy held from February 7-10 at A.U.C. Organized by the Academic Committee of AUC's Student Union, the conference included three councils

1- Stock markets
2- International marketing
3- E-commerce

Which discussed the major economic issues of the new century.

For more information please visit the site:
www.aucegypt.edu

15.01.2001: NSGB reports record Growth in earnings for year-end 2000!

NSGB has released its full year 2000 results, which show a 12% increase in earnings. The bank reported net profits of EGP 125 million, up from EGP 111 million last year.

The main reason for this increase was a 19% surge in net interest income - which resulted from the net effect of a 25% increase in interest income to EGP 522 million as well as an increase of 29% in interest expense to EGP 345 million. The banks fees and commissions improved by 25% as a natural consequence of NSGB's 9% loan portfolio growth in addition to an increase in the bank's L/C's and L/G's by 8%.

The total balance sheet figure reached roughly EGP 5474 million at the end of December 2000 against approximately EGP 4535 million at the end of December 1999, with a growth rate of 21%.

The total balances of customer's deposits came to EGP 4308 million at the end of December 2000 versus EGP 3555 million at the end of December 1999, showing an increase of 21%.

The total balance of customers' credit facilities reached about EGP 3228 million at the end of December 2000 (after deduction of provision) against approximately EGP 2955 million at the end of December 1999, with an increase of 9%.

Gross profit, coming to about EGP 214.5 million at the end of 2000 versus nearly EGP 182.9 million at the end of 1999, increased at the rate of 17%.

These good performances have been achieved in a more difficult environment compared to 1999 and have been welcomed by several Egyptian Investment banks.

For more information please visit the site:
http://www.efg-hermes.com/docs/utilities/stock.asp?Ccode=

30.12.2000: New branches in 2001: NSGB plan to extend its network

During 2000, NSGB has invested heavily to open 5 new branches: Nozha, Dokki, Haram, Manial, in Cairo and Zizenia in Alexandria.
Thus, by the end of 2000, the Bank has a network of 14 branches distributed on the most important industrial, commercial and urban communities.

Some other branches are already under preparation in Nasr City (2 branches), Shoubra, New Maadi and Zamalek in Cairo and Kafr Abdou and Semouha in Alexandria.
It is expected to add 12 new branches during 2001 to achieve wider coverage so that NSGB becomes even closer to its clients.

The total balance sheet figure reached roughly EGP 5474 million at the end of December 2000
against approximately EGP 4535 million at the end of December 1999, with a growth rate of 21%.

2001 will as well witness the inauguration of the new Head Office in Cairo Downtown.

24.12.2000: The Corpstaff Global Agreement: a new service implemented by NSGB

"The Corpstaff global agreement …. "A new service implemented by NSGB to help companies"

El Aalam El Youm Newspaper:

This agreement sets the framework for offering employees NSGB's distinguished product range such as Deposits, Loans & Services with special rates & conditions. This package is customized according to both the structure of the company and the needs of its staff. This service helps the company retain valued employees by allowing them, to access a full range of distinguished banking products & services with special benefits.

3.12.2000: the Payroll Automated system introduced by NSGB

El Benouk ElYoum Newspaper:

NSGB has recently introduced the service of Payroll Automated System with the objective of removing the burden of handling salaries & related issues.

13.11.2000: Formula: NSGB partner and winner!

NSGB is Official partner of Formula2000, which toke place in CAIRO International Conference Center, NASR City in November 2000. Formula2000 is the biggest car exhibition in Middle East.

During this exhibition NSGB affirms that today it is possible to buy a car, using new credit facilities that bank offer. “All person who wants to own a car can subscribe to NSGB car-financing program, which realize the dream of owning car”.

El Aharam Newspaper 10/11/2000.
El Gornal Newspaper 12/11/2000