
Gulf Bank posts profit
Egypt: 2009-11-05 10:35:10
Egypt-based lender, Gulf Bank has reported a net profit for the first nine months of 2009 of EGP71.7m, a 14% fall compared to EGP83.7m during the same period of 2008, Reuters has reported. The bank had added provisions of EGP5.85m during the quarter, down from EGP41.9m in the 2008 period.