CIB tops Best Private Sector Banks on First Bank Depositor Confidence Index in last 3 years

Commercial International Bank – Egypt «CIB» has significantly increased the volume of its deposits over the past 3 years, which is evident in the increase in the size of its portfolio to EGP 967.9 bn by the end of 2024, compared to EGP 406.10 bn by the end of 2021, with a growth rate of 138.3%, and a total increase of EGP 561.79 bn.

This strong performance led the bank to top the «First Bank» index of depositors’ confidence in private sector banks operating in the Egyptian banking sector during the last 3 years.

The bank's customer deposit portfolio has witnessed continuous increases over the past 3 years, rising by EGP 124.02 bn in 2022, then achieving a major jump by rising about EGP 145.19 bn in 2023, followed by a strong jump estimated at about EGP 292.59 bn in 2024.

It is worth noting that the Commercial International Bank – Egypt «CIB» announced the business results of the first quarter of this year, which revealed that its net profits increased to EGP 16.6 bn during the first quarter of 2025, compared to EGP 11.95 bn during the same period in 2024, with a growth rate of 38.9%.%, and a total increase of EGP 4.65 bn.  

Profit before income taxes jumped from 17.51 billion pounds during the first quarter of 2024, to EGP 22.7 bn during the same period in 2025, with a growth rate of 29.7%, and a total increase of EGP 5.19 bn.

In terms of the bank’s financial position, its portfolio of assets increased by about 3.9% during the first quarter of this year, reaching EGP 1.26 tn by the end of March 2025, compared to EGP 1.21 tn by the end of 2024, a total increase of EGP 47.34 bn.

The bank's total loans to customers jumped by about 5% during the first quarter of this year, to record EGP 409.2 bn by the end of March 2025, compared to EGP 389.58 bn by the end of 2024, including EGP 328.44 bn for corporates, and EGP 80.76 billion pounds for individuals.

The bank’s customer deposit portfolio increased by about 2.9% during the first quarter of this year, reaching EGP 996.12 bn by the end of March 2025, compared to EGP 967.9 bn by the end of 2024, distributed as follows: EGP 571.56 bn for individuals and EGP 424.56 bn for corporates.

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