Egypt's NSGB reports 10 pct rise in Q3 net profit

Reuters, Thursday 8 Nov 2012

National Societe Generale Bank (NSGB), Egypt's second-biggest private sector bank by market capitalisation, reported on Thursday a 10 per cent rise in third quarter net income for 2012 to 389.5 million Egyptian pounds ($63.7 million).

Qatar National Bank is in talks to buy a controlling stake in NSGB that is now held by France's Societe Generale.

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