Egypt's CIB reports 5.6 pct rise in Q3 net profit

Wednesday 12-11-2014 09:21 AM
Egypt's CIB reports 5.6 pct rise in Q3 net profit

Customers and security guards stand in front of a branch of the CIB Bank in Cairo January 31, 2010. REUTERS/Tarek Mostafa

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CAIRO, Nov 12 (Reuters) - Egypt's biggest listed bank Commercial International Bank posted a 5.6 percent rise in third-quarter net profit, the bank said in a statement released late on Tuesday.

It said net profit stood at 972.086 million Egyptian pounds ($135.96 million), compared to 920.402 million pounds for the same period a year earlier.

(1 US dollar = 7.1500 Egyptian pound) (Reporting By Stephen Kalin; Editing by Miral Fahmy)

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