Flash | 21 Jul 2026 00:14:28 ET │ 11 pages Commercial International Bank Egypt (COMI.CA) OpEx In-line, LLPs beat — COMI's 2Q26 OpEx (adj. for other contingent provisions) was +0% vs Citi est. (+27% yoy, -1% qoq). Overall headline CIR at 19.2% for the quarter was below our expectations of 20.2%. The bank reported provisions charge in 2Q of EGP 562m (incl. other provisions that was adjusted out of OpEx) vs Citi expectations of a charge of EGP 651mn. As a result, cost of risk for 2Q stood at 37bps (Citi est. 4 ...