Lebanon's Bank Audi says first 9 months' profit for 2013 down 5.5 pct
BEIRUT Oct 20 (Reuters) - Lebanon's Bank Audi reported a 5.5 percent drop in its net profit for the first three quarters of 2013 in comparison to the same period last year.
A statement from the bank said the $261 million in net earnings were weighed down by the costs of launching its new Turkish subsidiary Odeabank. (Reporting by Erika Solomon; Editing by Alison Williams)
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