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CIB

Central Bank of Egypt

Egypt’s CIB says second quarterly net income grows 18 percent

Egypt's Commercial International Bank reported an 18 percent increase in second-quarter net income on Tuesday, above the expectations of analysts who say the country's lenders are benefiting from soaring yields on government debt.

August 15, 2012 10:26
 
Egypt’s CIB says 2011 net profit fell 20 percent

Egypt’s CIB says 2011 net profit fell 20 percent

Commercial International Bank (CIB), Egypt's biggest private bank by assets, said on Wednesday its consolidated net profit fell 20.1 pct in 2011 as the economy slowed in the wake of Egypt's popular uprising.

February 23, 2012 10:27