CIB’s mortgage portfolio edged up late September 2020
Thursday 17/December/2020 - 09:34 PM
Commercial International Bank’s mortgages portfolio edged up to EGP1.891bn late September, up from EGP1.330bn late December 2019.
Personal loan portfolio logged EGP26.603bn late September 2020, up from EGP20.219bn late December.
Retail banking portfolio rose by EGP7.605bn to EGP34.881bn late September 2020, up from EGP27.276bn late December 2019.
Credit volume reached EGP4.899bn late September 2020 up from EGP4.264bn late December 2019.
CIB’S current accounts liabilities logged EGP1.486bn late September 2020, up from EGP1.462bn late December.
According to its financial statements, CIB’s net profits retreated in the third quarter of this year by 14% to EGP7.344bn, down from EGP8.537bn in the third quarter of 2019.
