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NBK-Egypt logs EGP 1.05bn profit in 9M

NBK-Egypt logs EGP 1.05bn profit in 9M
The net interest income increased to EGP 2.03 billion
NBK
NBKE
-0.26% 19.05 -0.05

Cairo – Mubasher: The National Bank of Kuwait-Egypt (NBK-Egypt) reported net profits of EGP 1.050 billion in the first nine months of 2021, slightly down from EGP 1.097 billion in the corresponding period a year earlier.

The net interest income increased to EGP 2.03 billion in the January-September period, compared to EGP 1.99 billion in the prior-year period, according to a bourse disclosure on Thursday. 

In the first half (H1) of 2021, the bank recorded net profits of EGP 694.47 million, down from EGP 753.48 million in H1-20.