Commercial International Bank Egypt (CIB) SAE 2014 Annual Report with Sustainability Disclosures
The report highlights Commercial International Bank's (CIB) financial and sustainability achievements for the fiscal year 2014. CIB recorded a consolidated net income of EGP 3.74 billion, representing a 24% increase over 2013. On the sustainability front, the bank launched its first Sustainability Report aligned with the GRI framework and developed its first Social and Environmental Management System (SEMS). Key environmental initiatives included installing LED lighting to reduce energy consumption by 35% and water restrictors to reduce water consumption by 30%. Additionally, the CIB Foundation was allocated over EGP 40 million to support pediatric healthcare and community development projects across Egypt.
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Finance & insurance
Country: Egypt
Year: 2014
Type: Annual Report with Sustainability Disclosures
Pages: 103
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Commercial International Bank Egypt (CIB) SAE
Annual Report
The report highlights Commercial International Bank's (CIB) financial and sustainability achievements for the fiscal year 2014. CIB recorded a consolidated net income of EGP 3.74 billion, representing a 24% increase over 2013. On the sustainability front, the bank launched its first Sustainability Report aligned with the GRI framework and developed its first Social and Environmental Management System (SEMS). Key environmental initiatives included installing LED lighting to reduce energy consumption by 35% and water restrictors to reduce water consumption by 30%. Additionally, the CIB Foundation was allocated over EGP 40 million to support pediatric healthcare and community development projects across Egypt.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees