10 banks to sign multi-billion Egyptian pounds loan for power projects today
A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Browsing Tag
CIB
CIB Egypt launches $511 million insurance policy tender
Commercial International Bank (CIB), Egypt's largest private sector bank, has launched a call for tenders on a…
CIB to open 25 new branches in 2016
Egyptian Commercial International Bank (CIB) targets inaugurating 25 new branches; including five mini branches,…
CIB seizes lion’s share of credit card portfolio in Egypt
The Commercial International Bank (CIB) seized lion's share of Credit Card in Egypt's banking market after…
S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’
Standard & Poor's (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International…
Commercial International Bank Q3 net profit up 37%
Egypt's largest private sector bank, Commercial International Bank (CIB) posted third quarter net profit of 1.33…
Three banks planning multi-billion pound loan to build power plants in Cairo
A consortium of three Egyptian banks is set to arrange a multi-billion Egyptian pound syndicated loan to build two…
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…
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…
Corporate lending takes off in Egypt as cash-rich banks flex muscles
Egypt’s cash-rich banks proved themselves resilient through the years of upheaval that followed the 2011 revolution…