UPDATE 1-BankofCyprus sees Q3 rebound, sticks to forecasts

* Bank of Cyprus 9M net profit down 29 pct y/y

* Q3 net profit rises 38 pct on Q2

* Sticks to full year guidance, plans interim dividend

(Adds detail)

NICOSIA, Nov 4 (Reuters) - Bank of Cyprus BOC.CY (BOCr.AT: Quote, Profile, Research) reported a rebound in earnings in its third quarter and stuck to its full-year profit guidance as it posted a 29 percent fall in nine month net profit year on year.

Nine month profit dropped to 265 million euros ($390.7 million) from 375 million a year ago, the Bank said. But on a quarter on quarter basis, net profit rose in the third quarter to 117 million euros, a 38 percent increase over the second quarter of 2009.

The Bank, Cyprus's largest, said it planned to pay shareholders an interim dividend of 0.08 euro cents per share.

"The group estimates that it will achieve satisfactory profitability for 2009...The Group net profit after tax for 2009 is estimated at between 300 million and 400 million euros," it said.

Net interest income on a nine month year on year basis was up 7 percent to 616 million euros and 11 percent in the third quarter, it said.

(Writing by Harry Papachristou and Michele Kambas, editing by Elaine Hardcastle)