Friday 18 April 2014

Egypt's CIB Q2 net income rises 28pc

Egypt's CIB, the country's biggest listed bank, said on Tuesday its second-quarter consolidated net income rose 28 per cent year-on-year as it diverted more money into profitable government securities. Net income rose to 6


Egypt's CIB posts Q1 net profit of $94m

Commercial International Bank (CIB), Egypt's biggest private bank by assets, has posted a net profit for the quarter at EGP528.8 million ($94.37 million), up from a restated EGP472.0 million in the first quarter of 2009. The bank said


Egypt's CIB profit jumps 25pc to $311m

Egypt's Commercial International Bank (CIB) said consolidated net profit for 2009 rose to 1,709.8 million Egyptian pounds ($311.4 million) from 1,365.4 million pounds in 2008. Net loans and overdrafts at CIB, Egypt's No 1 private b


CIB net profit slides to $79m in Q2

Egypt's Commercial International Bank (CIB), a leading private sector lender, has reported a second quarter 2009 consolidated net profit of EGP439 million ($79.2 million), compared to EGP527.3 million a year earlier. The net profi


Dubai Capital buys into Egypt's CIB

Dubai government-owned investor Dubai Capital Group has bought a 5.24 per cent stake in Egypt's Commercial International Bank (CIB), the two companies said in a statement on Sunday. The Dubai group bought the shares from the Egyptian and L

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