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Alex Bank Q1-FY14 profit slides by 4%

Alex Bank Q1-FY14 profit slides by 4%
Bank of Alexandria reported EGP 174.698 million net profits in Q1-FY14, by a slight decrease of a round 3.9% from EGP 181.843 million, a year on year. Alex Banka is one of the largest banks in Egypt, with 210 branches across the country, with market share of almost 7% and had assets of 5.2 billion euros (US$6.5 billion) as of June 30, 2006.