Commercial International Bank Egypt (CIB) SAE 2018 Annual Report with Sustainability Disclosures
The report highlights Commercial International Bank's (CIB) financial and non-financial performance for the fiscal year 2018. CIB achieved a consolidated net income of EGP 9.58 billion, representing a 27% year-on-year increase, and ranked first on the EGX Sustainability Index for the fifth consecutive year. The bank launched CVentures, Egypt's first corporate venture capital firm focused on fintech, and became the first Arab and African company listed on the Bloomberg Gender Equality Index. Additionally, CIB reduced its ecological footprint by saving 103 million liters of water and cutting electricity consumption by 40% through LED lighting transitions.
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Finance & insurance
Country: Egypt
Year: 2018
Type: Annual Report with Sustainability Disclosures
Pages: 150
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Commercial International Bank Egypt (CIB) SAE
Annual Report
The report highlights Commercial International Bank's (CIB) financial and non-financial performance for the fiscal year 2018. CIB achieved a consolidated net income of EGP 9.58 billion, representing a 27% year-on-year increase, and ranked first on the EGX Sustainability Index for the fifth consecutive year. The bank launched CVentures, Egypt's first corporate venture capital firm focused on fintech, and became the first Arab and African company listed on the Bloomberg Gender Equality Index. Additionally, CIB reduced its ecological footprint by saving 103 million liters of water and cutting electricity consumption by 40% through LED lighting transitions.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
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
Energy Consumption
Employees