Cairo – Mubasher: Commercial International Bank-Egypt (CIB) generated consolidated net profits valued at EGP 16.63 billion in the first quarter (Q1) of 2025, higher than EGP 11.92 billion in Q1-24.
Total assets hit EGP 1.26 trillion in the January-March 2025 period, versus EGP 1.21 trillion as of 31 December 2024, according to the financial results.
Net interest income jumped to EGP 25.39 billion in Q1-25 from EGP 18.80 billion a year earlier, while basic earnings per share (EPS) increased to EGP 4.83 from EGP 3.47
Standalone Results
In the first three months (3M) of 2025, CIB registered standalone net profits after tax valued at EGP 16.59 billion, compared to EGP 11.94 billion as of 31 March 2024.
Non-consolidated interest income hiked to EGP 25.29 billion in Q1-25 from EGP 18.76 billion in Q1-24.
Capital Hike
The board members approved raising the bank’s issued and paid-up capital to EGP 33.77 billion from EGP 30.70 billion. The EGP 3.07 billion increase amount will be distributed over 307.08 million shares, with a nominal value of EGP 10 per share.
