Ten Egyptian banks sign $1.2bn loan deal for Siemens power plants
A group of 10 major banks has signed one of the biggest financing deals in Egypt’s energy sector, amounting to 10…
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Commercial International Bank
Three key Egyptian banks negotiating AfDB for SME finances
Three major Egyptian banks, the National Bank of Egypt, Commercial International Bank, and Banque Du Caire are…
BREAKING : CIB sells CI Capital to Sawiris’ Orascom Telecom for $128mn
Egyptian Commercial International Bank (CIB) has agreed Thursday on Orascom Telecom and Media Technology's offer…
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…
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…
Fitch affirms three Egyptian banks; “stable” outlooks
Fitch Ratings has affirmed in a statement on October 21st, 2015, the Long-Term Issuer Default Ratings (IDRs) of…
