CIB saw its net income rise 7% y-o-y to EGP 16.7 bn in 2Q 2025, according to its latest earnings release (pdf). Revenues were up 13% y-o-y during the quarter to record EGP 27.8 bn. The performance was carried by FX stability and robust core business performance.

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Lending remained strong, with loans up 50% y-o-y and 24% year-to-date to EGP 496 bn. Growth was led by corporate loans and retail loans. Meanwhile, deposits rose 7% YTD to EGP 1.04 tn.

The market was banking on it: The EGX30 hit a record high of 34,071 points on Sunday — a day before CIB released its earnings — with CIB leading the charge. The bank’s shares closed at EGP 90 on Sunday and EGP 91.50 on Monday, their highest level in over a year, as investors priced in strong 2Q earnings against a national backdrop of continued FX stability. The broader market rally was fueled by optimism over progress on the IMF loan reviews and a blockbuster IPO from Bonyan.

The bigger picture: CIB’s net income rose 21% y-o-y in 1H 2025 to EGP 33.3 bn, while revenues were up 18% y-o-y to EGP 54.9 bn.

What they said: “Building on a strong start to the year, CIB delivered another solid set of financial results in the second quarter of 2025,” management said. “This materialized despite the easing monetary cycle backed by the stability witnessed in the foreign exchange market, in a testament to the true metal of CIB, as underpinned by strong core business performance.”

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