CIB's net profit jumps by 20.19%, recording EGP 16.13 bn At 2022
The results of the Commercial International Bank’s business on the bank's website, revealed an increase in its net profits during the past year by 20.19%, to record 16.130 billion pounds in 2022, compared to 13.420 billion pounds in 2021, an increase of 2.710 billion pounds.
The bank's total asset portfolio jumped from 496.651 billion pounds at the end of 2021 to 633.643 billion pounds at the end of 2022, with 27.58% over the past year, an increase of 136.992 billion pounds.
The bank’s deposits portfolio increased by 30.54% over the past year, to record EGP 530.124 billion at the end of 2022, compared to EGP 406.100 billion at the end of 2021, an increase of EGP 124.024 billion.
The bank's loan portfolio increased by 34.06% over the past year, to record EGP 218.633billion at the end of 2022, compared to EGP 163.087billion at the end of 2021, an increase of EGP 55.546billion.
