CI Capital expects Commercial International Bank’s quarter one 2010 net profit after tax (NPAT) to reach LE 445.9 million, a 15.6 percent increase over the past quarter, according to a recent report.

The firm said the sector has begun to show a positive quarterly turn, but still a 5.4 percent annual decline.

It expected 2010 earnings to come in 12.4 percent higher than 2009, reaching LE 1,922.1 million.