Latest in Highlight
Latest in
Wadi Degla opens new horizons for winning international squash titles
Wadi Degla positioned as world-class club in squash
CIB launches comprehensive loan programme for SMEs
New programme offers wide-range products catering to the needs of SMEs
Forbes lists CIB among the top 500 companies in the world
The bank ranked 90th in the world this year, based on 1.4 million employment recommendations from a global survey and regional surveys.
CIB achieves net profits of EGP3.2bn in 3Q19
Beltone rates CIB’s fair value at EGP81.07
CIB honours winners of PSA Women’s World Championship, Egyptian Squash Open
For the first time in the history of the game, the total women’s tournament awards reached $430,000, higher than its counterpart for men, which totalled $185,000.
Diligence and talent helped me to be World No. 1 in squash: Raneem El-Welily
I have achieved 23 titles and the World Championships are the most important to me
Domty signs two loans of EGP 100m, EGP 40m from CIB
The production capacity of the new line will be 270,000 pieces a day. Scheduled to start operation in February 2020, the new line will be Domty’s third bakery production line.
Hard work behind reaching top world ranking in squash: Ali Farag
Playing professional squash in Egypt is much better than in Europe, says PSA men’s No. 1
Youth tops CIB’s priorities: Abaza
“We seek to keep pace with banking developments in the world,” says bank’s CEO
CIB, IEvents announce details of 2019-2020 PSA Women’s World Championship
The CIB has been sponsoring the Egyptian Squash Association (ESA) for seven years. The bank supports ten players, including Raneem El Welily; Nour El Tayeb; Nouran Gohar; Salma Hany; Hania Al Hamami; Ali Farag; Tarek Momen; Karim Abdel Gawad; Mohamed Abu Al-Ghar, and Marwan El Shorbagy.
Data protection, cybersecurity key to ensure reliability of digital services in Africa: Ezz Al-Arab
CIB chief calls for early warning systems to combat financial crime on continent
Banks pumped EGP 400m to develop informal areas in Cairo and Giza: Ezz El Arab
CIB chairperson reveals that the development process includes infrastructure, roads, water delivery, schools, sanitation
Nine private banks in Egypt gain EGP 14.941bn net profits in 1H2019
CIB – Egypt tops the list by EGP 5.355bn profits, QNB Alahli comes second by EGP 4.217bn
Dice agrees with CIB, QNB, Attijariwafa, EALB to borrow EGP 90m
The purpose of the borrowing is to finance the acquisition deal over Cairo Cotton in a deal worth EGP 140m. Dice will self-fund the remaining EGP 50m.
CIB achieves EGP 5.355bn net profit during H1of this year
Bank’s Capital Adequacy Ratio reached 25.82% by end of June 2019
CIB’s Extraordinary General Assembly approves authorised capital increase to EGP 50bn
Assembly grants board of directors right to establish branches, agencies, offices in Egypt, abroad, including Sinai Peninsula
Number of 13 banks score EGP 8.48bn in net profits in 1Q19
CIB ranks 1st with profits of EGP 2.64bn, QNB AlAhli follows, Faisal Islamic Bank in 3rd
It is now time for everyone to invest in Africa as main driver of global growth: Ezz Al-Arab
CIB chairperson stresses need to develop systematic frameworks to increase investment in continent
US dollar hits EGP 16.99 mark for first time since March 2017
The average dollar price on Wednesday recorded EGP 17.01 to buy and EGP 17.14 to sell.
CIB profits reach EGP 2.64bn in Q1 of 2019
Total bank assets increase to EGP 351.68bn until end-March
Five banks start issuing prepaid cards to pay government dues electronically
NBE, Banque Misr, Banque du Caire, CIB, ABE issued these cards free of charge for six months
Egypt’s banking customer base “weak”, it’s not good timing for cryptocurrencies: CIB
Mohamed Farag, head of International Transactions and Digital Banking at the Commercial International Bank (CIB), described Egypt’s banking customer base as “weak”, with only 14 million customers. He explained that the country should have at least 60 million banking customers, and this low current figure is related to the banking service costs, especially in rural …
CIB-Egypt establishes representative office in Ethiopia
We are happy about regional presence of bank: Ezz El Arab
Three Egyptian banks among 500 best banking brands in world
List includes NBE, Banque Misr, CIB – Egypt
Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018
Five banks only earn billions in net profits, other banks acquired under EGP 1bn each
CIB, Wadi Degla honour Raneem El-Weleily for world squash achievements
Egyptian champion regains top spot in PSA Women’s World Rankings for December
CIB establishes CVentures, Egypt’s first corporate venture capital firm primarily focused on Fintech startups
Establishment of CVentures is evidence of CIB’s profound commitment towards supporting Egyptian financial sector: Abaza
ACC to reschedule its outstanding debt with EBRD, CIB
Financing package will support ACC in its long-term strategy to improve energy efficiency, cost effectiveness of its operations
Banks continue to shine with strong business results in 9M18
Marked increase in deposits, loans portfolios, NPLs decline at most banks
Temenos, AUC Venture Lab and CIB cooperate to promote fintech in Egypt
Technological solutions, applications will contribute to integration of parallel economy