بنكي | non-performing loan (NPL) coverage ratio

Hisham Ezz Al-Arab: Non-performing loan coverage ratio reaches 340%, reflecting the financial strength of CIB

Hisham Ezz Al-Arab, Chief Executive Officer of the Commercial International Bank Egypt CIB, revealed that the bank achieved a non-performing loan NPL coverage ratio of 340% by the end of last year a figure he described as exceptionally high compared to the regional banking average, which ranges between 90% and 130%.