Egyptian bank EFG-Hermes reported a 63 percent drop in 2011 net profit on Sunday as the economic fallout from uprisings across the Middle East pushed down brokerage, investment banking and asset management revenue.
Net income before minority interests was 307.7 million Egyptian pounds, down from 826.2 million pounds in 2010, a statement from the bourse said.
Like other Egyptian financial firms, EFG was hit last year by the turmoil that followed a popular uprising that unseated the country's president.
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