The Commercial International Bank’s (CIB) retail loan portfolio rose 28.6% (EGP 1.3 billion) to reach EGP 5.9 billion at the end of 2012, compared to EGP 4.6 billion at the end of 2011.
The bank’s business results showed that the personal loans accounted for 60.4% (EGP 3.6 billion) of the retail loan portfolio at the end of 2012, compared to EGP 2.6 billion at the end of 2011.
The bank’s current debit accounts accounted for 20.3% (EGP 1.2 billion) of the portfolio at the end of 2012, compared to EGP 952.9 million at the end of 2011.
The mortgage loans accounted for 7.7% (EGP 463.8 million) of the portfolio at the end of 2012, compared to EGP 419.9 million at the end of 2011.
The credit cards accounted for 11% (EGP 660.9 million) of the retail loans portfolio at the end of 2012, compared to EGP 575.6 million at the end of 2011.
Other loans accounted for 0.33% (EGP 20.04 million) of the portfolio at the end of 2012, compared to EGP 40.2 million at the end of 2011.
Reports showed that direct loans fell 4.4% (EGP 1.06 billion) to reach EGP 23.1 billion at the end of 2012, compared to EGP 24.2 billion at the end of 2011.
The syndicated loans rose 16.2% (EGP 1.3 billion) to reach EGP 9.5 billion at the end of 2012, compared to EGP 8.2 billion at the end of 2011.
