Banks BREAKING : CIB sells CI Capital to Sawiris’ Orascom Telecom for $128mn Noha Gad Dec 17, 2015 0 Egyptian Commercial International Bank (CIB) has agreed Thursday on Orascom Telecom and Media Technology's offer…
Banks 10 banks to sign multi-billion Egyptian pounds loan for power projects today Yomna Yasser Dec 13, 2015 0 A consortium of Egyptian and Arab banks will sign Sunday a 10 billion Egyptian pounds (US$1.27 billion) finance…
Financial Institutions CIB Egypt launches $511 million insurance policy tender Yomna Yasser Dec 9, 2015 0 Commercial International Bank (CIB), Egypt's largest private sector bank, has launched a call for tenders on a…
Banks CIB to open 25 new branches in 2016 Noha Gad Dec 1, 2015 0 Egyptian Commercial International Bank (CIB) targets inaugurating 25 new branches; including five mini branches,…
Banks CIB seizes lion’s share of credit card portfolio in Egypt Noha Gad Nov 30, 2015 0 The Commercial International Bank (CIB) seized lion's share of Credit Card in Egypt's banking market after…
Financial Institutions S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’ Yomna Yasser Nov 17, 2015 0 Standard & Poor's (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International…
Banks Commercial International Bank Q3 net profit up 37% Yomna Yasser Nov 11, 2015 0 Egypt's largest private sector bank, Commercial International Bank (CIB) posted third quarter net profit of 1.33…
Banks Fitch affirms three Egyptian banks; “stable” outlooks Yomna Yasser Oct 25, 2015 0 Fitch Ratings has affirmed in a statement on October 21st, 2015, the Long-Term Issuer Default Ratings (IDRs) of…
Banks Three banks planning multi-billion pound loan to build power plants in Cairo Yomna Yasser Oct 20, 2015 0 A consortium of three Egyptian banks is set to arrange a multi-billion Egyptian pound syndicated loan to build two…
Banks Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer Yomna Yasser Oct 18, 2015 0 State-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds…