Egypt’s CIB bank raises credit card limits
Banks operating in the Egyptian market have begun raising credit card limits in implementation of the directives…
Browsing Tag
CIB Egypt
Egypt’s CIB bank 9-month pretax profit hits EGP 30.7 bln
Commercial International Bank (CIB), one of Egypt’s largest private banks, posted profit before tax of 30.681…
Egypt’s CIB bank offers high-yielding dollar-deposit certificate
Commercial International Bank (CIB), one of Egypt’s largest private banks, issued on Thursday U.S.…
Egypt’s CIB: consolidated pretax profit rises to EGP 8.9 billion in Q1
Commercial International Bank (CIB), one of Egypt’s largest private banks, has registered profit before tax of…
Egypt’s CIB bank offers 3-year certificates of deposit at 22%
Commercial International Bank (CIB), one of Egypt’s largest private banks, is offering three-year certificates of…
BREAKING: Hisham Ezz Al-Arab officially named CIB Egypt bank non-executive chairman
The general assembly of the Commercial International Bank (CIB Egypt) on Monday officially named Egyptian veteran…
Egypt’s pound weakens to EGP 100 to Kuwaiti dollar at opening
Egypt’s pound currency fell to surpass EGP 100 against the Kuwaiti dinar for selling at some banks during early…
Etisalat Egypt signs EGP 4bln financing agreement with CIB
Etisalat Egypt by e& a has signed 4 billion Egyptian pounds financing agreement with Commercial International…
CIB Egypt bank offers 18-month certificates of deposit at 22.5%
Commercial International Bank (CIB), one of Egypt’s largest private banks, is offering 18-month certificates of…
CIB Egypt aims to increase its capital to EGP 29.9
The Commercial International Bank (CIB-Egypt) announced that it had submitted documents for registering shares to…
Egypt’s pound surpasses EGP 27 level against dollar at closing
Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
The godfather of CIB Egypt bank, Hisham Ezz Al-Arab, returns as chairman – Al…
Egyptian veteran banker Hisham Ezz Al-Arab returns for a second stint as chairman of the Commercial International…
Banque Misr, CIB sign EGP 6.35 bln syndicated loan with Benya Group
Egyptian digital and ICT infrastructure provider Benya Group has on Tuesday signed a 6.35 billion Egyptian pound…
Egypt’s CIB to loan Aman extra EGP 100 million for small businesses
Commercial International Bank (CIB), one of Egypt’s largest private banks, is planning to provide an extra…
CIB bank partakes in two climate adaptation projects in Egypt – official
The Commercial International Bank (CIB-Egypt), is taking part in two projects for climate change adaptation in…
CIB’s Ahmed Issa becomes Egypt new Tourism and Antiquities Minister – Profile
Ahmed Issa has on Saturday been appointed as Egypt’s minister of tourism and antiquities following a major Cabinet…
CIB Egypt bank H1 net profit at EGP 7.773 billion
Commercial International Bank (CIB), one of Egypt’s largest private banks, reported on Monday a net profit worth…
Orascom Development Egypt signs EGP 1.5 bln financing with CIB Egypt
Orascom Development Egypt (ODE) announced on Sunday that its subsidiary Orascom for Real Estate (ORE) has signed a…
UAE’s ADQ confirms acquisition of Egyptian firms, including CIB bank
Abu Dhabi’s wealth fund ADQ confirmed on Wednesday its acquisition of stakes in five companies listed on Egyptian…
Egypt’s CIB bank shares worth $911.5 million sold in block deal – EGX
Egypt’s largest private lender Commercial International Bank (CIB Egypt) saw a block deal of 340.09 million shares…
UAE’s ADQ buys stakes in five Egyptian companies for $1.5 billion, including CIB
Abu Dhabi’s wealth fund ADQ has acquired stakes in five companies listed on the Egyptian stock exchange (EGX) for…
ADQ to buy stakes in CIB, Fawry, other Egyptian bourse-listed firms: Bloomberg
Abu Dhabi’s sovereign wealth fund ADQ agreed with Egyptian authorities to invest around $2 billion by buying…
Egypt’s Commercial International Bank net profit at EGP 13.2 billion in 2021
Commercial International Bank (CIB), one of Egypt’s largest private banks, reported on Tuesday a net profit worth…
Egypt’s CIB first bank in MENA, Africa to receive Gender Equity Seal
Egypt’s Commercial International Bank (CIB) has become the first bank in the Middle East and Africa to receive…
Fawry eyes CIB Egypt bank, Banque Misr’s stakes in Fawry Plus
Egyptian e-payment giant Fawry is in the process of acquiring stakes owned by the Commercial International Bank…
Egypt’s CIB Bank included in 2021 Bloomberg Gender-Equality Index
The Commercial International Bank (CIB) announced that it has been included on the 2021 Bloomberg Gender-Equality…
City Edge, CIB Egypt Bank sign EGP 1 billion mortgage protocol
Egyptian property developer, City Edge Developments has signed a cooperation protocol with the Commercial…
CIB records net income of EGP 2.35 bn for Q32020 according to post CBE probe financial…
Leading private-sector commercial bank CIB reported net income of 2.35 billion Egyptian pounds for 3Q2020 as it…
CIB waiting for CBE audit report after chairperson’s resignation
The Commercial International Bank – Egypt (CIB) is anticipating an audit report by the Central Bank of Egypt (CBE),…
Egypt’s CIB chairman Hisham Ezz Al-Arab resigns after two decades at the helm
The chairman of Egypt’s Commercial International Bank (CIB) Hisham Ezz Al-Arab resigned on Thursday after spending…
CIB sees an expansion in digital services on COVID-19
Commercial International Bank (CIB) has seen a 100 percent year-on-year increase in internet and mobile banking…
Key global currencies rates in Egyptian banks on 11 August
Amwal Al Ghad on Tuesday demonstrates the exchange rates of key global currencies; U.S. dollar, Kuwaiti dinar, and…
CIB posts EGP4.99 bln profits in 6 months, dropping 6.6 %
The Commercial International Bank’s (CIB) consolidated profits dropped 6.6 percent during the first half of 2020,…
EBRD approves $100mln loan package to Egypt’s CIB to cushion the impact of…
European Bank for Reconstruction and Development (EBRD) has approved a $100m support loan package to address the…
Egypt’s Commercial International Bank net profit falls 9% in Q1
Egypt’s Commercial International Bank (CIB), the largest private bank in the country, reported an annual decline of…
Key global currencies rates in Egyptian banks on 4 April
Amwal Al Ghad on Saturday demonstrates the exchange rates of key global currencies; U.S. dollar, Kuwaiti dinar, and…
Commercial International Bank Egypt’s 2019 net profit up 23.5%
Egypt’s Commercial International Bank (CIB), the largest private bank in the country, on Tuesday posted a 23.5…
R3 welcomes CIB bank Egypt to distributed ledger consortium
Egypt’s largest listed bank, Commercial International Bank (CIB) has joined the financial innovation firm R3’s…
Egypt’s CIB, Beltone agree to extend CI Capital takeover offer to June 9
Egypt's Commercial International Bank (CIB) approved an additional two-week extension for an offer by Beltone…
French Development Agency, CIB Egypt ink €80mn letter of intent
Egypt’s biggest private bank, Commercial International Bank (CIB) has signed wih the French Agency Group…