CIB Egypt Attains 31% Increase in H1 Net Profits

The Consolidated business results of Commercial International Bank (CIB) revealed that EGP1.737billion net profits have been achieved with 30.8% growth rate, compared to EGP1.329 billion within the previous period of 2013.

While stand alone business results revealed that the net profits of the same period are EGP1.663 million, registering 25.6% against EGP1.32 million profits.

The issued and paid up capital of the bank reached EGP9.081 billion distributing over EGP908.17 million shares with EGP10 nominal value per share.