Egypt's CIB Q2 net profit up 23 percent year-on-year: statement

Reuters , Thursday 30 Jul 2015

Commercial International Bank , Egypt's largest listed lender, on Wednesday reported a 23 percent 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 1.15 billion Egyptian pounds ($146.87 million), CIB said.

The bank reported revenues of 2.38 billion Egyptian pounds, up 17 percent from the same period last year.

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