CIB tops private sector bankd strengthening its retail loans portfolios in last 3 years

Commercial International Bank – Egypt «CIB» has expanded its credit to individuals significantly over the past 3 years, as evidenced by the rise in its portfolio of individual financing to EGP 79.37 billion by the end of 2024, compared to EGP 41.06 billion by the end of 2021, with a growth rate of 93.3% and a total increase of EGP 38.31 billion.

This strong performance prompted the bank to top the «First Bank» index of the private sector banks operating in the Egyptian banking sector, strengthening individual financing portfolios in the last 3 years.

The bank's individual loan portfolio has witnessed continuous increases over the past 3 years, rising by EGP 12.22 billion in 2022, then rising by EGP 6.78 billion in 2023, followed by a strong jump estimated at EGP 19.31 billion in 2024.

As for the portfolio's performance during the current year, the individual finance portfolio rose to EGP 80.76 billion by the end of March 2025, compared to EGP 79.37 billion by the end of 2024, with a growth rate of 1.8% on a quarterly basis.

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

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 1.26 trillion pounds by the end of March 2025, compared to 1.21 trillion pounds by the end of 2024, a total increase of 47.34 billion pounds.

His total financial investments increased by about 11.8% during the first quarter of this year, reaching 447.41 billion pounds at the end of March 2025, compared to 400.31 billion pounds at the end of 2024, an increase of 47.11 billion pounds.

The bank's total loans to customers jumped by about 5% during the first quarter of this year, recording 409.2 billion pounds by the end of March 2025, compared to 389.58 billion pounds by the end of 2024.

The bank's customer deposit portfolio increased by about 2.9% during the first quarter of this year, reaching 996.12 billion pounds by the end of March 2025, compared to 967.9 billion pounds by the end of 2024.