Fitch Downgrades Two Egyptian Banks to ‘B-‘; Outlook Negative
Fitch Ratings has downgraded National Bank of Egypt's (NBE), its wholly-owned subsidiary, National Bank of Egypt…
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Commercial International Bank
4 Banks Ink Egyptian Hydrocarbon’s Loan & $18 Mln For 1st Tranche
Banque Misr, Commercial International Bank, Bank of Cairo and Ahli United Bank have finalized the final signing the…
CIB Delays its EGM Due to Lack of Quorum
Commercial International Bank of Egypt (CIB) ,in its statements today, announced the postponement of its…
NBE, 5 Banks To Grant Semaf € 96 Mln This June
As being the main loan arranger, the National Bank of Egypt (NBE) is planning to grant the railway equipment…
NBE, Banque Misr, CIB to Provide € 96 Mln to SEMAF
The National Bank of Egypt, Banque Misr and Commercial International Bank are studying to grant Railway Equipment…
CIB Mulls Over Granting Al Futtaim EGP200 – 300 mln Bridge Loan
The Commercial International Bank (CIB) is studying the procedures of granting Al Futtaim Group a bridge loan…
CIB Announces Board Reshuffle
The Commercial International Bank (CIB) has announced board reshuffle after it appointed Yasser Zaky Hashem and…
CIB Contributes EGP 500 Mln To South Helwan Power Plant Loan
The Commercial International Bank (CIB) has decided to provide the total value it said it will contribute with to…
FEB Discusses Micro-enterprise Financing Methods Next June
The Federation of Egyptian Banks (FEB) will hold a meeting next month to discuss the possible methods of financing…
CIB’s Non-Performing Loans Accounted For 3.97% Of Total Lending In Q1
The Commercial International Bank (CIB) has allocated provisions worth EGP 266 million in the first quarter of…
