CIB Group closed the 2023 financial year with record profits, with profit after tax reaching HUF 63.9 billion, up nearly 80% year-on-year, the financial institution told MTI on Tuesday. As the statement highlights, CIB Group's net operating income amounted to HUF 169.6 billion, up from HUF 135.6 billion in the previous year, while profit before […]

CIB Group closed the 2022 financial year with an outstanding result: its profit increased by 128% to HUF 36.1 billion, the financial institution told MTI on Thursday. CIB Group's revenues amounted to HUF 135.6 billion, up 71.0% year-on-year. This was mainly due to the rising interest rate environment and increasing business activity, especially the expansion […]