Export Development Bank of Egypt net slips 19 pct

Reuters
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CAIRO: The net profit of Export Development Bank of Egypt (EDBE) dropped 19 percent to LE 168.9 million ($30.14 million) in the nine months to end-March, the stock exchange said on Sunday.

The consolidated net profit for the same period a year earlier was LE 208.6 million, the exchange said.

The government owns 77 percent of the bank.

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