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Islamic Finance Briefing - Categorized | Banking, Performance more

Egyptian Gulf Bank’s 9-month net slips 14pct

Posted on 05 November 2009

From Tradearabia.com: Egyptian Gulf Bank said its net profit for the first nine months of 2009 fell 14 per cent to EGP71.7 million ($13.1 million). Net profit in the first nine months of 2008 was EGP83.7 million.

The bank added provisions of EGP5.85 million during the quarter, down from EGP41.9 million in the 2008 period………………………Full Article: Source

 
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