CIB Secures EGP500mn for Egypt’s Low-Income Housing Funding Initiative
The Commercial International Bank - CIB is allocating EGP 500 million (around $70mn) for the housing finance…
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CIB
Suez Canal Seen Reviving Egypt’s Syndicated Loans – CIB
The biggest expansion of Egypt’s Suez Canal since it opened in 1869 will boost syndicated loan deals in North…
Inter Cairo: CIB Bank Agrees to Finance US$300mn for Aluminum Plant
Commercial International Bank (CIB) has initially approved to finance US$300 million in Favor of Inter Cairo…
Polygon Hosts CIB-Egypt’s Second Branch in SODIC West
Commercial International Bank – Egypt (CIB) inaugurated its newest branch at The Polygon Business Park this month.…
Egyptian Gulf Bank Considers Pumping EGP120mn in NPSS’s Loan
Egyptian Gulf Bank (EGB) is considering contributing in National Port Said Steel Company (NPSS) loan with stake…
Vodafone Egypt Seeks Inking Loan worth EGP4bn with 7 Banks
Vodafone Egypt is seeking to sign loan worth EGP4 billion with 7 banks in banking sector before the end of the…
AfDB Lends NBE, CIB Egypt $215 million
Egypt’s biggest state-owned National Bank of Egypt (NBE) has recently received a financing worth around US$200…
Ahli United Contributes EGP400 million to National Port Said Steel’s Loan
Egypt's Ahli United Bank agreed to contribute around EGP 400 million to National Port Said Steel Company (NPSS)'s…
IFC Boosts Urban Development Create New Jobs in Egypt
IFC, a member of the World Bank Group, and the European Bank for Reconstruction and Development (EBRD), are…
CIB Egypt Attains 31% Increase in H1 Net Profits
The Consolidated business results of Commercial International Bank (CIB) revealed that EGP1.737billion net profits…