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Egypt's CIB says Q3 net income 314.2 million EGP

Four analysts polled by Reuters had forecast on average that the bank would report a net income for the quarter of 371.33 million pounds.
16.11.11 | Source: Reuters Africa

Egypt's Commercial International Bank (CIB) (COMI.CA: Quote) said its net income for the third quarter fell to 314.2 million Egyptian pounds (US$52.5 million) from 393.0 million pounds a year earlier.

Four analysts polled by Reuters had forecast on average that the bank would report a net income for the quarter of 371.33 million pounds.

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