Arab Finance: Commercial International Bank Egypt (CIB) reported a 96% year-on-year (YoY) growth in consolidated net profits after tax for the first quarter (Q1) of 2024, according to an emailed press release.

The bank recorded a consolidated net profit of EGP 11.925 billion in the three-month period ended March 31st, compared to EGP 6.069 billion in the same period last year.

Net interest income grew 85% YoY to EGP 36.653 billion from EGP 19.824 billion.

The bank logged EGP 11.947 billion in standalone net profits after tax in Q1 2024, compared to EGP 6.084 billion in Q1 2023, as per a filing.

Meanwhile, standalone net interest income grew to EGP 18.76 billion from EGP 10.832 billion.

CIB, the leading private sector bank in Egypt, provides banking services across the country. The bank's segments include corporate banking, investment banking, retail banking, treasury and capital market services, and others.

ITDA, CIB extend cooperation to scale up digital commercial registry services Updated 12/16/2025 8:51:00 AM

Egypt’s SHMFF, CIB ink cooperation protocol to boost mortgage finance to EGP 12B Updated 12/4/2025 1:49:00 PM

Cairo Housing's consolidated profits drop 94.3% YoY in 9 months Updated 12/2/2025 9:44:00 AM

Integrated Engineering logs EGP 2.33M consolidated profits in 9 months Updated 12/1/2025 12:54:00 PM

ERC logs EGP 102.8M in consolidated profits over 9 months Updated 12/1/2025 11:58:00 AM