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Egypt's CIB net profit up 23pc in Q2

CAIRO, July 30, 2015

Commercial International Bank, Egypt's largest listed lender, on Wednesday reported a 23 per cent rise in second quarter net profit after minority interest compared to the same period last year, it said in a statement.

Second quarter net profit after minority interest was EGP1.15 billion ($146.87 million), CIB said.

The bank reported revenues of EGP2.38 billion, up 17 per cent from the same period last year. – Reuters


 




Tags: Egypt | Commercial International Bank |

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