CIB tops Best Private Sector Banks on First Bank Credit Competitiveness Index last 3 years

Commercial International Bank – Egypt «CIB» has expanded in granting credit to customers significantly over the past three years, which is evident in the increase in its total portfolio of customer loans to EGP 389.57 bn by the end of 2024, compared to EGP 163.09 bn by the end of 2021, with a growth rate of 138.9%, and an increase of EGP 226.49 bn.

This strong performance prompted the bank to top the «First Bank» index for credit competitiveness in private sector banks operating in the Egyptian banking sector during the last 3 years.

The volume of total customer loans at the bank witnessed continuous increases over the past 3 years, as it increased by EGP 55.5 bn in 2022, then achieved a major jump by rising about EGP 46.47 bn in 2023, followed by a strong jump estimated at about EGP 124.47 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 EGP 17.51 bn 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 bn 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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