Egypt’s CIB boosts retail activities to $1.5 bln in H1

Egypt’s biggest private bank, Commercial International Bank (CIB) reported a rise in its retail banking portfolio to 13.52 billion Egyptian pounds ($1.5 billion) by the end of June 2016.

Earlier in late 2015, CIB’s retail portfolio reached 11.977 billion pounds.

Personal loans recorded around 291.375 million pounds by June-end, compared to 8.073 billion pounds by end of 2015.