CIB sees bottom line jump in 1Q 2025: CIB saw its net income rise 39% y-o-y to EGP 16.6 bn in 1Q 2025, according to the bank’s earnings release (pdf). Revenues saw a 24% y-o-y jump to EGP 27 bn during the quarter.

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The breakdown: Net interest income climbed 35% y-o-y to EGP 25.4 bn, while non-interest income fell 46% y-o-y to EGP 1.6 bn.

Loan growth remains solid: The lender’s gross loan portfolio reached EGP 426 bn by the end of March, marking a 7% increase over the quarter, while deposits rose 3% q-o-q to EGP 996 bn.

What they said: “CIB started off 2025 on a positive note, following an eventful year marked with considerable macroeconomic dynamics as well as exceptional financial performance for CIB, further reiterating the bank’s solid fundamentals and prime reliance on core performance drivers. This came evident in bottom line growing by 39%, or 30% in USD terms, and in top line by 24% or 15% in USD terms,” management said.

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