Egypt’s CIB buying Citibank’s local retail operations
Egypt's Commercial International Bank, the country's largest private-sector bank, has signed an agreement to…
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CIB
Moody’s assigns Counterparty Risk Assessments to five Egyptian Banks
Moody's Investors Service assigned Tuesday counterparty risk assessments (CR Assessments) to five Egyptian banks.…
S&P raises Ratings for 3 Egyptian Banks – Paper
Global ratings agency Standard & Poor’s upgraded the long-term credit ratings on three major Egyptian banks;…
CIB bank Egypt Q1 Net Profit up 38% year-on-year
Egypt's largest private sector bank, Commercial International Bank (CIB), reported Wednesday a 38 percent rise in…
CIB: Management approves to bid for Citigroup’s Egypt Retail Portfolio
Egypt's Commercial International Bank (CIB) announced Monday its management would submit a binding offer to acquire…
CIB Board asks Management to make offer for Citigroup’s Egypt Ops
The board of Egypt's Commercial International Bank (CIB) said Sunday it has asked its management to determine…
National Bank of Egypt leads Consortium for East Delta Electricity’s EGP750mn Loan
Three major banks in Egypt will be arranging a multi-million Egyptian pound syndicated loan in favour of the…
SMEs provide Job Opportunities for 66% of Egypt Graduates Annually – Microsoft
Every year, the small and medium-sized enterprises (SMEs) working in Egypt provide jobs for more than 66% of…
CIB eyeing Citigroup’s Retail Operations in Egypt
Egypt's Commercial International Bank (CIB) said on Wednesday Citigroup had opened its books for a due diligence…
Banque Du Caire pumps $80 million in ElSewedy Electric’s Loan
Banque Du Caire is pumping US$80 million in a loan arranged for Egypt’s ElSewedy Electric Company, a banking source…