Commercial International Bank Egypt (CIB) SAE 2016 Annual Report with Sustainability Disclosures
The report highlights Commercial International Bank's (CIB) financial and operational performance for the fiscal year 2016, showcasing record consolidated net income of EGP 6.01 billion. It details the bank's strategic focus on digital transformation, including the launch of its mobile banking application and the CIB Smart Wallet to drive financial inclusion in Egypt. The report also emphasizes CIB's commitment to sustainability, noting its active membership in the United Nations Environment Programme Finance Initiative (UNEP FI) and its inclusion in the FTSE4Good Emerging Index. Additionally, it outlines the bank's extensive community development efforts through the CIB Foundation, which allocated over EGP 69 million to pediatric healthcare initiatives.
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Finance & insurance
Country: Egypt
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 143
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Commercial International Bank Egypt (CIB) SAE
Annual Report
The report highlights Commercial International Bank's (CIB) financial and operational performance for the fiscal year 2016, showcasing record consolidated net income of EGP 6.01 billion. It details the bank's strategic focus on digital transformation, including the launch of its mobile banking application and the CIB Smart Wallet to drive financial inclusion in Egypt. The report also emphasizes CIB's commitment to sustainability, noting its active membership in the United Nations Environment Programme Finance Initiative (UNEP FI) and its inclusion in the FTSE4Good Emerging Index. Additionally, it outlines the bank's extensive community development efforts through the CIB Foundation, which allocated over EGP 69 million to pediatric healthcare initiatives.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
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