{"id":321283,"date":"2021-03-01T11:14:44","date_gmt":"2021-03-01T11:14:44","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=321283"},"modified":"2021-03-01T11:14:44","modified_gmt":"2021-03-01T11:14:44","slug":"cib-reports-a-decline-by-13-24-in-its-profits-during-2020","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2021\/03\/01\/cib-reports-a-decline-by-13-24-in-its-profits-during-2020\/","title":{"rendered":"CIB reports a decline by 13.24% in its profits during 2020"},"content":{"rendered":"<p>The Commercial International Bank \u2013 Egypt (CIB) reported consolidated net profits of 10.23 billion Egyptian pounds \u00a0in 2020, down by 13.24 percent\u00a0 year-on-year (YoY) from\u00a0 11.8 billion pounds, excluding minority shareholders\u2019 rights.<\/p>\n<p>The lender\u2019s net interest income rose to 25.17 billion pounds last year, compared to 21.57 billion pounds in 2019, according to its financial results.<\/p>\n<p>The bank\u2019s profit also declined on quarter basis to record 2.34 billion pounds during Q3 2020, compared to 3.18 billion pounds during the same period a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Commercial International Bank \u2013 Egypt (CIB) reported consolidated net profits of 10.23 billion Egyptian pounds  in 2020, down by 13.24 percent  year-on-year (YoY) from  11.8 billion pounds, excluding minority shareholders\u2019 rights.<\/p>\n","protected":false},"author":4,"featured_media":320003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[69],"class_list":["post-321283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-commercial-international-bank"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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