CAIRO: Egyptian Gulf Bank’s third quarter net profit fell 44 percent to LE 22.6 million ($4.0 million), Egypt’s stock exchange said on Monday.
Net profit for the first quarter of 2009 was LE 40.2 million, it said, without giving other figures.
Egypt’s state-owned Misr Insurance Company owns 19 percent of Egyptian Gulf Bank, and private Gulf and Egyptian investors hold other significant stakes.
