Sigma Capital

21-11-2024

NXT Bank achieves EGP 1.3 billion net profits by the end of September 2024

Source: MIST

Al MAl-


NXT Bank achieved net profits of EGP 1.3 billion by the end of the third quarter of 2024, with a growth rate of 66% compared to the same period in 2023.
According to the bank's business results, net operating revenues amounted to about EGP 3.7 billion by the end of September 2024, with a growth rate of 47% compared to the same period in 2023.
Total income from returns amounted to about EGP 2.9 billion, with a growth rate of 60%, while total individual loans amounted to about EGP 9.3 billion, and total customer facilities amounted to about EGP 26.7 billion.

aiBANK has about 34 branches across the governorates of the republic, while the number of ATMs affiliated with the bank reaches 103 machines.