CIB Condensed Consolidated 3rd Quarter Results

Condensed Consolidated Interim Statement of Financial Position as at September 30, 2025Click on, or paste the following link into your web browser, to view the associated PDF documenthttp://www.rns-pdf.londonstockexchange.com/rns/0124G_1-2025-11-3.pdf

Notes

Sep. 30, 2025

Dec. 31, 2024

Assets

Cash and balances at the central bank

10

21,886,031

136,531,020

Due from banks

11

227,409,917

270,829,834

Loans and advances to banks, net

13

26,914,884

9,555,410

Loans and advances to customers, net

14

455,719,759

343,542,674

Derivative financial instruments

1,222,908

819,711

Financial investments

- Financial Assets at Fair Value through P&L

15

2,203,869

-

- Financial Assets at Fair Value through OCI

15

331,039,059

234,512,167

- Financial Assets at Amortized cost

15

230,685,849

168,118,219

Investments in associates

16

44,485

98,193

Other assets

17

50,063,317

44,282,773

Deferred tax assets

2,855,007

2,685,331

Property and equipment

18

5,533,749

3,997,929

Total assets

1,355,578,834

1,214,973,261

Liabilities and equity

Liabilities

Due to banks

19

7,452,244

2,034,885

Due to customers

20

1,047,463,990

972,595,958

Non-current liabilities held for sale

1,362

1,397

Derivative financial instruments

223,670

100,571

Current income tax liabilities

15,857,818

18,327,968

Other liabilities

21

27,009,254

21,441,169

Issued debt instruments

22

4,779,461

5,067,781

Other loans

30,249,278

23,962,389

Other provisions

23

14,495,239

18,621,822

Total liabilities

1,147,532,316

1,062,153,940

Equity

Issued and paid capital

30,708,510

30,431,580

Reserves

105,653,930

63,544,579

Reserve for employee stock ownership plan (ESOP)

2,071,247

1,868,235

Retained earnings*

69,374,741

56,791,883

Total equity and net profit for the period / year

207,808,428

152,636,277

Non-Controlling Interest

238,090

183,044

Total NCI, equity and net profit for the period / year

208,046,518

152,819,321

Total liabilities and equity

1,355,578,834

1,214,973,261

The accompanying notes are an integral part of these financial statements.

(Review report attached)

*

Including net profit for the period

Condensed Consolidated Interim Income Statement for the period ended September 30, 2025

Last 9 Months

Last 9 Months

Notes

Sep. 30, 2025

Sep. 30, 2024

Interest and similar income

158,400,209

130,999,623

Interest and similar expense

(79,746,672)

(65,316,717)

Net interest income

78,653,537

65,682,906

Fee and commission income

11,609,232

9,274,284

Fee and commission expense

(5,227,210)

(4,049,111)

Net fee and commission income

6,382,022

5,225,173

Dividend income

65,216

70,934

Net trading income

6

1,282,250

18,194,491

Profits (Losses) on financial investments 

15.1

694,076

377,992

Administrative expenses

(12,432,780)

(9,180,646)

Other operating income (expenses)

7

668,432

(17,995,808)

Impairment release (charges) for credit losses

9

7,968,084

(3,745,003)

Bank's share in the profits / losses of associates

9,787

(8,533)

Profit before income tax

83,290,624

58,621,506

Income tax expense

29

(21,842,182)

(17,207,903)

Deferred tax assets (Liabilities)

29

651,822

934,295

Net profit for the period

62,100,264

42,347,898

Non-Controlling Interest

569

(45)

Bank's shareholders

62,099,695

42,347,943

Earnings per share

8

Basic

18.54

12.50

Diluted

18.36

12.38

Condensed Consolidated Interim statement of Comprehensive Income for the period ended September 30, 2025

Last 9 Months

Last 9 Months

Sep. 30, 2025

Sep. 30, 2024

Net profit for the period

62,100,264

42,347,898

Transferred to RE from financial assets at fair value through OCI

(110,995)

(370,224)

Net change on financial assets at fair value through comprehensive income after tax

7,306,189

8,272,930

Cumulative foreign currencies translation differences

(274,766)

883,684

Effect of ECL on debt instruments measured at fair value through OCI

(397,890)

623,199

Total comprehensive income for the period

68,622,802

51,757,487

As follows:

Bank's shareholders

68,508,336

51,757,532

Non-Controlling Interest

114,466

(45)

Total comprehensive income for the period

68,622,802

51,757,487

Condensed Consolidated Interim Cash flows for the period ended September 30, 2025

Notes

Sep. 30, 2025

Sep. 30, 2024

Cash flow from operating activities

Profit before income tax

83,290,624

58,621,506

Adjustments to reconcile profits to net cash provided by operating activities

Fixed assets depreciation

18

1,680,325

763,079

Impairment release/charge for credit losses (Loans and advances to customers and banks)

9

(7,969,627)

4,224,251

Net charged/released for other provisions

23

(4,072,083)

430,005

Impairment release/charge for credit losses (due from banks)

9

147,709

829

Impairment release/charge for credit losses (financial investments)

9

(146,166)

(480,077)

Impairment release/charge for other assets

105

(11,956)

Exchange revaluation differences for financial assets at fair value through OCI and AC

4,669,694

(18,536,183)

Revaluation differences impairment charge for Financial Assets at Fair value through OCI

(224,869)

1,193,810

Revaluation differences impairment charge for Financial Assets at Amortized cost

(16,709)

107,207

Revaluation differences impairment charge for due from banks

(7,894)

1,308

Net utilized/recovered for other provisions

23

(2,039)

(9,196)

Exchange revaluation differences of other provisions

23

(52,461)

3,962,591

Profits/losses from selling property and equipment

(8,006)

(2,254)

Profits/losses from selling financial investments at fair value through OCI

15.1

(416,668)

(377,992)

Profits/losses from selling investments in associates

15.1

(277,408)

-

Share based payments

990,324

804,345

Bank's share in the profits / losses of associates

(9,787)

8,533

Operating profits before changes in operating assets and liabilities

77,575,064

50,699,806

Net decrease / increase in assets and liabilities

Due from banks

159,740,470

(14,547,420)

Financial assets at fair value through P&L

(2,203,869)

(2,066,889)

Derivative financial instruments

(306,569)

(225,875)

Loans and advances to banks and customers

(121,599,501)

(75,774,541)

Other assets

(2,747,423)

(14,094,581)

Due to banks

19

5,417,359

(8,658,023)

Due to customers

20

74,868,032

223,729,483

Current income tax obligations paid

(5,984,364)

(2,938,397)

Non-current liabilities held for sale

(35)

1,327

Other liabilities

(12,910,605)

(5,488,554)

Net cash generated from (used in) operating activities

171,848,559

150,636,336

Cash flow from investing activities

Proceeds from sale of investments in associates

339,920

11,956

Payments for purchases of property, equipment and branches construction

(6,216,697)

(2,401,070)

Proceeds from selling property and equipment

7

8,006

2,254

Proceeds from redemption of financial assets at amortized cost

21,382,288

1,226,638

Payments for purchases of financial assets at amortized cost

(84,177,641)

(106,105,142)

Payments for purchases of financial assets at fair value through OCI

(191,735,116)

(22,138,419)

Proceeds from selling financial assets at fair value through OCI

98,091,318

55,475,567

Net cash generated from (used in) investing activities

(162,307,922)

(73,928,216)

Condensed Consolidated Interim Cash flows for the period ended September 30, 2025 (Cont.)

Sep. 30, 2025

Sep. 30, 2024

Cash flow from financing activities

Other loans

6,286,889

7,840,786

Dividends

(14,773,854)

(5,116,159)

Issued debt instruments

(288,320)

1,738,393

Capital increase

276,930

236,570

Net cash generated from (used in) financing activities

(8,498,355)

4,699,590

Net (decrease) increase in cash and cash equivalent during the period

1,042,282

81,407,710

Beginning balance of cash and cash equivalent

226,610,721

234,317,913

Cash and cash equivalent at the end of the period

227,653,003

315,725,623

Cash and cash equivalent comprise:

Cash and balances at the central bank

10

21,886,031

94,568,773

Due from banks

227,553,557

305,240,021

Treasury bills and other governmental notes

12

141,529,607

82,174,775

Obligatory reserve balance with central bank

(2,865,828)

(76,360,420)

Due from banks with maturity more than three months

(19,202,757)

(19,125,420)

Treasury bills and other governmental notes with maturity more than three months

(141,247,607)

(70,772,106)

Total cash and cash equivalent

227,653,003

315,725,623

Condensed Consolidated Interim statement of changes in shareholders' equity

Sep. 30, 2024

Issued and paid capital

Legal reserve

General reserve

General risk reserve

Special reserve

Reserve for transactions under common control

Capital reserve

Reserve for financial assets at fair value through OCI

Banking risks reserve

Retained earnings

Reserve for employee stock ownership plan

Cumulative foreign currencies translation differences

Total Shareholders' Equity

Non-Controlling Interest

Total

Beginning balance

30,195,010

4,770,354

39,840,707

1,550,906

-

(670,972)

21,155

(16,868,691)

15,230

29,993,331

1,486,010

148,353

90,481,393

160,073

90,641,466

Capital increase

236,570

-

-

-

-

-

-

-

-

-

-

-

236,570

-

236,570

Transferred to reserves

-

1,438,320

22,582,085

-

-

-

1,663

-

-

(23,398,943)

(623,125)

-

-

-

-

Net profit for the period

-

-

-

-

-

-

-

-

-

42,347,943

-

-

42,347,943

(45)

42,347,898

Dividends paid

-

-

-

-

-

-

-

-

-

(5,366,429)

-

-

(5,366,429)

(37,367)

(5,403,796)

Transferred to RE from financial assets at fair value through OCI

-

-

-

-

-

-

-

(370,224)

-

370,224

-

-

-

-

-

Net change on financial assets at fair value through OCI after tax

-

-

-

-

-

-

-

8,272,930

-

-

-

-

8,272,930

-

8,272,930

Transferred (from) to banking risk reserve

-

-

-

-

-

-

-

-

21,718

(21,718)

-

-

-

-

-

Effect of ECL on debt instruments measured at fair value through OCI

-

-

-

-

-

-

-

623,199

-

-

-

-

623,199

-

623,199

Cost of employees stock ownership plan (ESOP)

-

-

-

-

-

-

-

-

-

-

804,345

-

804,345

-

804,345

Cumulative foreign currencies translation differences

-

-

-

-

-

-

-

-

-

-

-

883,684

883,684

-

883,684

Ending balance

30,431,580

6,208,674

62,422,792

1,550,906

-

(670,972)

22,818

(8,342,786)

36,948

43,924,408

1,667,230

1,032,037

138,283,635

122,661

138,406,296

Sep. 30, 2025

Issued and paid capital

Legal reserve

General reserve

General risk reserve

Special reserve

Reserve for transactions under common control

Capital reserve

Reserve for financial assets at fair value through OCI

Banking risks reserve

Retained earnings

Reserve for employee stock ownership plan

Cumulative foreign currencies translation differences

Total Shareholders' Equity

Non-Controlling Interest

Total

30,431,580

6,208,674

62,422,792

1,550,906

-

(670,972)

22,818

(7,145,283)

17,924

56,791,883

1,868,235

1,137,720

152,636,277

183,044

152,819,321

Capital increase

276,930

-

-

-

-

-

-

-

-

-

-

-

276,930

-

276,930

Transferred to reserves

-

2,771,284

19,758,610

-

-

-

2,246

-

-

(21,744,828)

(787,312)

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

(14,714,434)

-

-

(14,714,434)

(59,420)

(14,773,854)

Net profit for the period

-

-

-

-

-

-

-

-

-

62,099,695

-

-

62,099,695

569

62,100,264

Transferred to RE from financial assets at fair value through OCI

-

-

-

-

-

-

-

(110,995)

-

110,995

-

-

-

-

-

Transferred from net profit to special reserve

-

-

-

-

13,145,012

-

-

-

-

(13,145,012)

-

-

-

-

-

Transferred to general risk reserve

-

-

-

26,186

-

-

-

-

-

(26,186)

-

-

-

-

-

Net change on financial assets at fair value through OCI after tax

-

-

-

-

-

-

-

7,192,292

-

-

-

-

7,192,292

113,897

7,306,189

Transferred (from) to banking risk reserve

-

-

-

-

-

-

-

-

(2,628)

2,628

-

-

-

-

-

Effect of ECL on debt instruments measured at fair value through OCI

-

-

-

-

-

-

-

(397,890)

-

-

-

-

(397,890)

-

(397,890)

Cost of employees stock ownership plan (ESOP)

-

-

-

-

-

-

-

-

-

-

990,324

-

990,324

-

990,324

Cumulative foreign currencies translation differences

-

-

-

-

-

-

-

-

-

-

-

(274,766)

(274,766)

-

(274,766)

Ending balance

30,708,510

8,979,958

82,181,402

1,577,092

13,145,012

(670,972)

25,064

(461,876)

15,296

69,374,741

2,071,247

862,954

207,808,428

238,090

208,046,518