Commercial International Bank - Egypt (cib) S.a.e. · EGX:COMI
Commercial International Bank - Egypt (cib) S.a.e — Commercial International Bank - Egypt (CIB) S.A.E. — Q1 2025 Earnings Presentation
42 slides from Commercial International Bank - Egypt (cib) S.a.e's earnings presentation, 2025
Slide 1: Investor Relations Presentation Q1 2025
Investor Relations Presentation Q1 2025
Slide 2: Table of Contents
Table of Contents 01 About CIB 04 ESG 02 Operating Scene 05 Financial Performance 03 Strategy Investor Relations Presentation Q1 2025
Slide 3: Disclaimer
DISCLAIMER By attending the meeting where this presentation deck is being presented and/or distributed or by reading through its slides, you agree with the following limitations: The information in this presentation may contain future projections and forward-looking statements that reflect the Bank’
Slide 4: About CIB
ABOUT CIB 01 Investor Relations Presentation Q1 2025
Slide 5: CIB at a Glance
CIB AT GLANCE Taking security seriously A dynamic long-term strategy CIB’s security and governance policies are aligned with international standards and The central pillars of CIB’s strategy include the use of pragmatic best practices. Launched in 2017, the Bank’s Cybersecurity Operations Center is
Slide 6: CIB at a Glance
CIB AT GLANCE Key Factors TotalAssets Presence Branches Employees Revenues 214 8,313 EGP 27 bn EGP 1.26 (Trillion) 4% YtD Change Clients ATMs Market Cap +2mn 1,396 EGP 250.9bn Profits by Lines of bussiness Total Customer Desposits 8.24% Corporate banking Subsidiaries and Associates 14.97% • CIB Keny
Slide 7: COMI and Credit Ratings
COMI AND CREDIT RATINGS SHARE INFORMATION 52 WEEKS PERFORMANCE P/B STOCK EXCHANGES TICKER Sharesoutstanding3,043,158,000 High EGP 89.7 Listed Egyptian Exchange (EGX) COMI 1.6 ParvalueEGP10.00 Low EGP 73 Listed London Stock Exchange (LSE) CBKD GDRconvertibility 1: : 1 Traded OTCQX Int’l Premier (Leve
Slide 8: Operating Environment
OPERATING ENVIRONMENT 02 Investor Relations Presentation Q1 2025
Slide 9: Macroeconomic Environment
MACROECONOMIC ENVIRONMENT Real GDP Growth (%) Inflation 45.00% 6.2% 40.00% 35.00% 5.1% 30.00% 25.00% 3.6% 20.00% 15.00% 2.5% 2.4% 2.0% 10.00% 5.00% 0.00% Jul 2023 Jul 2024 Jun 2023 Jun 2024 Apr 2023 May 2023 Nov 2023 Apr 2024 May 2024 Nov 2024 Mar 2023 Aug 2023 Dec 2023 Jan 2024 Feb 2024 Dec 2024 Ap
Slide 10: Macroeconomic Environment
MACROECONOMIC ENVIRONMENT Economic Activity Contribution to GDP Key Sector Growth (%) 2023/2024 (2023/2024) 6.8% 14.5% 6.2% 5.1% 10.9% 2.8% 15.0% 3.7% 1.9% 14.6% 7.0% 0.5% 16.5 16.6 6.1% 0.5% 0.5% 3.1% Agriculture, Forests & Fishing Extractions Manufacturing Industries Electricity Water, Sanitation
Slide 11: Egypt's Banking Sector
EGYPT’S BANKING SECTOR Total ATMs Total Branches 24,862 4775 22,708 4,638 21,459 4,577 4,598 4,451 16,962 14,152 12,656 4,298 18/19 19/20 20/21 21/22 22/23 Dec-24 18/19 19/20 20/21 21/22 22/23 Dec-24 Total Debit Cards ('000) Total Credit Cards ('000) Total POS 227,978 215,923 188,429 173,401 26,231
Slide 12: Egypt's Banking Sector
EGYPT’S BANKING SECTOR Total Loans EGP billion Total Deposits EGP billion 8,310 13,600 9,473 4,718 7,370 3,490 5,751 2,856 4,701 1,840 2,180 4,007 18/19 19/20 20/21 21/22 22/23 23/24 18/19 19/20 20/21 21/22 22/23 23/24 YtD Loan Growth YtD Deposit Growth 191.0% 136.5% 64.7% 65.2% 31.0% 22.2% 22.3% 28
Slide 13: Strategy
STRATEGY 03 Investor Relations Presentation Q1 2025
Slide 14: Strategy
STRATEGY TODAY TOMORROW Financial Performance • Quality loan growth, with focus on increasing product penetration & SoW • Differentiating our lending portfolio towards sectors of the future • Deposit growth, particularly from households clients • Focus on underpenetrated retail banking segments with
Slide 15: Financial Inclusion
FINANCIAL INCLUSION Since the launching of financial inclusion strategy by CBE and the CIB is continuing to develop all the necessary tools to enable better- access for unbanked & underbanked segments, understand the segments financial needs and offering the necessary financial literacy alongside ta
Slide 16: ESG
ESG 04 Investor Relations Presentation Q1 2025
Slide 17: Our Sustainability Journey
OUR SUSTAINABILITY JOURNEY CIB Foundation Bank-wide Energy FTSE4Good Founding Signatory of Supporter of the Task Signatory of the UNEPFI ENciency Project Constituent the Principles for for Climate Related Commitment on Financial Responsible Banking* Financial Disclosures Health & Inclusion 2010 2014
Slide 18: Our Approach
OUR APPROACH INTERNATIONAL STANDARDS AND GUIDELINES PILLAR 01 PILLAR 04 SUSTAINABILITY SUSTAINABILITY GOVERNANCE MANAGEMENT SYSTEM CIB PILLAR 02 SUSTAINABLE PILLAR 05 SUSTAINABLE FINANCE & POLICY FINANCE SUSTAINABILITY COMMUNICATION FRAMEWORKS ARCHITECTURE INSTITUTIONAL & EDUCATION PILLARS PILLAR 03
Slide 19: ESG Governance
ESG GOVERNANCE The integration of sustainability into CIB’s core operation starts at the highest level with signoff from the bank’s Board of Directors who are committed to advancing the bank’s governance structures to ensure the integration of ESG into the bank’s policies and culture Board of Board
Slide 20: Climate Change Governance
CLIMATE CHANGE GOVERNANCE Board Board Oversight Board of Directors Oversight Board Board Board Sustainability Audit Committee Risk Committee Committee Chief Executive ONcer and Managing Director Executive Management Executive Management Oversight Sustainable Finance Oversight Steering Committee Memb
Slide 21: Climate Change Governance
CLIMATE CHANGE GOVERNANCE Climate Change Task Force Task Force and Business Management Corporate Business Retail Direct Treasury Banking Banking Banking Investment More information is found in the Bank’s TCFD Report Investor Relations Presentation Q1 2025
Slide 22: Environmental, Social and Climate Risk
ENVIRONMENTAL, SOCIAL AND CLIMATE RISK CIB has had a robust Environmental and Social Risk Management System (ESRM) in place since 2016, which positions the Bank as the leader in sustainable finance in the Egyptian market and provides clients with the necessary tools and products to aid their transit
Slide 23: Corporate Governance
CORPORATE GOVERNANCE The Board carries on with its mandate to continuously improve the overall corporate governance framework Commitment to sound corporate governance practices continues to define CIB by regularly reviewing and supervising the Bank’s practices • Internal policies, risk controls, and
Slide 24: Board Committees
CORPORATE GOVERNANCE CIB’s Board consists of 11members; 8 are non-executive, 5 are independent and 2 representing the interests of Alpha Oryx Ltd* Audit Committee Hisham Ezz Paresh Rajeev Kakar Sherif Samy NevineSabbour Al-Arab Suthakar Independent, Non- Independent, Independent , Executive Board No
Slide 25: Risk Management
RISK MANAGEMENT 05 Investor Relations Presentation Q1 2025
Slide 26: Risk Management
RISK MANAGEMENT RISK APPETITE Risk Appetite is an integral component of CIB’s ERM framework as a governance Risk Governance – Three Lines Model and monitoring tool in evaluating the Bank’s risks. It covers all material risks (financial and non-financial) including its policies, processes, controls,
Slide 27: Financial Performance
FINANCIAL PERFORMANCE 06 Investor Relations Presentation Q1 2025
Slide 28: Income Statement Highlights
INCOME STATEMENT HIGHLIGHTS 519 NET INCOME MOVEMENT TOP LINE PROGRESS 1,004 6,596 EGP million 27,039 EGP million 16,633 21,819 11,920 (1,376) 11,984 (1,016) 7,774 1Q24 Net Income & Non-Interest Impairment Non-Interest Net Interest 1Q25 Net Income Deferred Tax Expense Charge for Income Income Income
Slide 29: Loans and Advances
LOANS AND ADVANCES MAR-25 GROSS LOAN COMPOSITION GROSS LOANS Individual/ Gross Loans, 450,000 19.64% 400,000 350,000 EGP 66bn 300,000 330,979 312,887 278,251 250,000 261,871 248,747 205,863 200,000 197,995 198,784 190,941 150,000 100,000 EGP 249bn 80,877 79,496 50,000 74,881 69,064 65,227 60,065 56,
Slide 30: Loans and Advances
LOANS AND ADVANCES INDIVIDUAL LOAN PRODUCTS CORPORATE LOAN PRODUCTS Mortgage loans, Other Corporate Retail Overdraft, 4% Loans, 0% 8% Syndicated Corporate Loans, 24% Overdraft, Credit card, 18% 29% Corporate Direct Personal Loans, Loans, 46% 70% Investor Relations Presentation Q1 2025
Slide 31: Customers' Deposits
CUSTOMERS’ DEPOSITS DEPOSITS MAR-25 DEPOSITS COMPOSITION 426 432 386 369 349 Corporate, 306 306 42.60% 305 EGP billion 284 EGP 432bn 540 574 489 511 444 EGP 540bn 351 360 369 290 Individual, 57.40% Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Individual Corporate DEPOSITS MOVEMENT
Slide 32: Customers' Deposits
CUSTOMERS’ DEPOSITS MAR-25 DEPOSIT BREAKDOWN BY TENOR MAR-25 DEPOSIT BREAKDOWN BY PRODUCT Other Deposits, 0.75% Saving Deposits, 17.75% Demand deposits, Long-term, 37.86% 44% CASA, 56% Certificates of Deposit, 23.86% Time Deposits, 19.78% Investor Relations Presentation Q1 2025
Slide 33: Non-Interest Income
NET INTEREST INCOME/ NON-INTEREST INCOME NET INTEREST INCOME NON-INTEREST INCOME 60,000 3,500 52,535 50,000 3,024 3,000 40,000 36,653 2,500 30,000 19,824 20,000 2,000 12,006 1,643 10,000 1,500 0 1,057 1,100 1,000 -10,000 (5,289) (8,939) -20,000 500 (17,853) -30,000 (27,139) 0 1Q2022 1Q2023 1Q2024 1Q
Slide 34: Cost Efficiency
COST EFFICIENCY NON-INTEREST EXPENSES Headcount 4500 8,313 4000 8,052 3500 3000 2500 7,735 2000 7472 1500 1000 500 0 1Q2022 1Q2023 1Q2024 1Q2025 1Q2022 1Q2023 1Q2024 1Q2025 COST EFFICIENCY 0.0% -5.0% -14.5% 21,824 7,774 -13.4% -10.0% 27,039 -17.2% -15.0% 11,984 -20.0% 2,929 3,932 1,671 2,064 -25.0%
Slide 35: Provisions and Coverage
PROVISIONS AND COVERAGE NPL Ratio NPL COVERAGE RATIO 6.0% 400% 5.3% 5.0% 350% 337% 4.9% 4.4% 300% 4.0% 307% 250% 3.0% 3.1% 231% 200% 218% 150% 2.0% 100% 1.0% 50% 0.0% 0% 1Q2022 1Q2023 1Q2024 1Q2025 1Q2022 1Q2023 1Q2024 1Q2025 IMPAIRMENT CHARGES 19,045 14,707 EGP million 8,701 4,856 39 -945 -405 -1,4
Slide 36: Capital and Liquidity
CAPITAL AND LIQUIDITY Risk Weighted Assets (EGP mn) CAPITAL BASE 800,000 679,104 700,000 553,265 600,000 672,199 27,000 500,000 438,652 427,202 484,592 541,985 27,000 6,000 400,000 25,000 381,507 23,900 155,000 300,000 136,000 135,000 117,000 98,149 200,000 100,000 - CAPITAL ADEQUACY RATIO Tier I Ca
Slide 37: Position Among Peers (December 2024)
POSITION AMONG PEERS (December 2024) ROAE Cost to Income 55.9% 51.4% 43.1% 44.6% 45.8% 24.8% 22.2% 33.7% 19.9% 19.3% 14.5% 14.0% 8.7% 12.3% AAIB QNB ALEX CAE CIB HSBC FAB ALEX AAIB CAE HSBC QNB CIB FAB Gross Loans to Deposits Captial Adequacy 57.5% 57.8% 53.9% 32.5% 41.3% 43.5% 25.1% 26.3% 33.5% 24.
Slide 38: Position Among Peers (Continued)
POSITION AMONG PEERS (Continued) Loans Market Share Deposits Market Share 7.1% 4.8% 4.4% 4.9% 5.0% 2.7% 1.8% 1.9% 1.2% 1.6% 0.7% 0.7% 0.9% 0.7% CAE HSBC ALEX FAB AAIB QNB CIB CAE ALEX HSBC FAB AAIB QNB CIB Net Income Assets 55 1,209 923 EGP Billions EGP Billions 809 26 26 21 15 413 10 283 8 215 127
Slide 39: CIB's Market Share
CIB’S MARKET SHARE Investor Relations Presentation Q1 2025
Slide 40: Awards
AWARDS Global Finance EMEA Finance Best securitisation house in Africa ▪ Best FX Bank in Egypt ▪ Best Bank for Sustainable Finance in Emerging Markets ▪ Best Bank for Sustainability Transparency ▪ Best Private Bank Award ▪ Best SME Bank Award ▪ Best Trade Finance Award ▪ Lifetime Achievement Award M
Slide 41: Investor Relations contacts
• For more information, please visit our website; www.cibeg.com Investor Relations contacts: Headquarters: Email: Hotline: Nile Tower Building CIB.InvestorRelations@cibeg.com 19666 21/23 Charles De Gaulle St., Giza P.O Box 2430 Cairo-Egypt Investor Relations Presentation Q1 2025
Slide 42: Thank You
Thank You
Commercial International Bank - Egypt (CIB) S.A.E. — Q1 2025 Earnings Presentation on 6ix