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At a glance – Commercial International Bank 1Q22 results

Softening COR and volume driven core banking income growth drive earnings up a solid 48% y-o-y Commercial International Bank’s (CIB) 1Q22 net profit surged 48% y-o-y (26% q-o-q) to stand at EGP4.3bn, according to the bank’s financial statements. Compared to 1Q21, the bank’s core banking income recovered a solid 20%…

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Source: Commercial International Bank

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