Barclays Egypt Achieves Net Profit Worth $131.8 million in Q1

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Barclays reported a net profit in Egypt’s market amounting to 131.881 million Egyptian pounds (US$18.5 million) for the first quarter of 2014, according to the lender’s business results released on Sunday.

The bank had achieved a Q1/2013 net profit of 115.091 million Egyptian pounds (US$16.1 million).