Commercial International Bank posted consolidated net profit of EGP 17.8 billion for the first quarter of 2026, up 7 percent from a year earlier. Revenue reached EGP 31.2 billion, a 15 percent increase, even as regional tensions and currency moves created challenges.
The bank said its results reflected resilient performance amid global uncertainty tied to the US-Iran conflict. Central banks paused easing plans, and Egypt’s Central Bank suspended expected rate cuts to focus on inflation control. The Egyptian pound fell EGP 6.9 against the dollar during the quarter.
CIB grew local-currency deposits by 5 percent and loans by 7 percent from end-2025 levels. Foreign-currency loans rose 8 percent. Net interest margin held at 8.88 percent, while return on average equity reached 31.9 percent.
Management stated it would continue to emphasise balance sheet strength and sustainable growth. The bank cited its funding structure and focus on low-cost deposits as key supports for profitability in the current environment.