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[2008-04-03] BNP Paribas Egypt 2007 net profit surges 193 pct BNP Paribas Le Caire Bank BCNP.CA said on Thursday its net profit in 2007 rose 192.8 percent to 93.4 million Egyptian pounds ($17.15 million).
Net profit in 2006 was 31.9 million pounds, the bank said.
Profit per share in 2007 was equivalent to 14.89 pounds compared to 6.38 pounds in the previous year.
The total value of the bank's assets was 19.72 billion pounds at the end of December 2007, up from 9.63 billion pounds by the end of December 2006.
The bank, which was established in 1975 as a subsidiary of the Paris-based BNP Paribas (BNPP.PA>, has a market capitalisation of 1.7 billion pounds, according to the Egyptian stock exchange.
