Egypt's largest private sector bank, Commercial International Bank (CIB), on Wednesday reported a 38 percent rise in first quarter net profits compared to the same period last year.
It said its quarterly earnings were LE1.11 billion ($145.31 million), up from LE805 million in the same period last year. Revenues for the quarter rose 47 percent to LE2.584 billion.
CIB had in 2014 posted a 36 percent rise in net profit for the full year.
