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CIB-Egypt posts 31% profit leap for H1

CIB-Egypt posts 31% profit leap for H1
CIB
COMI
-2.56% 80.00 -2.10
The Commercial International Bank – Egypt (CIB) released consolidated financial statements for H1-14, which reflected EGP 1.737 billion net earnings, jumping 30.8% compared with nearly EGP 1.329 billion in the same period of last year.
Standalone profit netted EGP 1.663 million during the same period, compared with EGP 1.32 million a year earlier, an increase of 25.6%.