Commercial International Bank Egypt (CIB) SAE 2023 Annual Report with Sustainability Disclosures
Company: Commercial International Bank Egypt (CIB) SAE
Sector: Finance & insurance
Country: Egypt
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 176
The report presents CIB's 2023 performance as a record year, with consolidated net income of EGP 29.6 billion and total workforce of 7,917 at year-end. It highlights a Board Sustainability Committee, continued implementation of sustainable-finance pillars, and Green Bond Program utilization of USD 130.3 million as of October 2023. The report also describes inclusion initiatives, including female representation of 18% on the Board and programs supporting women and differently abled employees. ESG disclosures reference GRI, SASB, TCFD, GHG Protocol, CDP and UN Global Compact frameworks.
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