EAB Q1 net profit down 27.5 percent

Daily Star Egypt Staff
1 Min Read

CAIRO: Egyptian American Bank (EAB) on Wednesday posted a 27.5 percent fall in its first quarter net profit to LE 64.36 million ($11.15 million). EAB had a first quarter net profit of LE 88.84 million in the same period last year. The largest shareholders in the bank are France s Credit Agricole SA, with 56.15 percent, and Egypt s Mansour & Maghraby for Investment and Development with 18.72 percent, the bank s Web site said. Reuters

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