Commercial International Bank Egypt (CIB) SAE 2015 Annual Report with Sustainability Disclosures
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Finance & insurance
Country: Egypt
Year: 2015
Type: Annual Report with Sustainability Disclosures
Pages: 112
The report marks CIB's 40th anniversary and reports consolidated net income of EGP 4.73 billion for 2015. It describes the acquisition of Citibank Egypt's retail portfolio, adding customer accounts, branches, and employees. Sustainability initiatives included LED lighting that reduced energy consumption by 31%, bank-wide water restrictors that reduced consumption by 30%, and child-health programs through the CIB Foundation.
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