Tag: CIB

OTMT, CIB agree to extend acquisition offer before its conclusion on Thursday

OTMT made the acquisition offer through its affiliated company Beltone Financial. The…

Mohamed Ahmed Mohamed Ahmed

CIB’s decline to keep EGX-30 below 7,700: analyst

Benchmark index surged by 22.4% this past month

Sara Aggour Sara Aggour

Egyptian winners named in 4th Amcham Mena Council Women in Business Awards

The Egyptian winners of Amcham’s awards will now compete for the regional…

Daily News Egypt Daily News Egypt

Hisham Ramez returns to CIB after 3-year absence

Ramez served as vice chairman of the CIB in December 2011

Hossam Mounir Hossam Mounir

Egyptian banks provide EGP 40m for redevelopment of downtown Cairo

Banque Misr, the National Bank of Egypt (NBE), the Commercial International Bank…

Daily News Egypt Daily News Egypt

CIB approves OTMT’s EGP 924m offer to purchase CI capital

OTMT’s intentions to acquire the investment bank were first reported in December…

Sara Aggour Sara Aggour

CIB’s loans portfolio increases to EGP 62.6bn

Bank’s profits exceeded our expectations, while the growth rate of deposits and…

Hossam Mounir Hossam Mounir

Al Ahly Capital presents written expression of interest for CI-Capital

CIB clarified that the expression of interest did not include a non-binding…

Daily News Egypt Daily News Egypt

IFC approves $144m loan to Egypt’s Sonker Bunkering Company

The financial loan package is jointly provided by the IFC, EBRD and…

Daily News Egypt Daily News Egypt

CIB-Egypt launches innovative digital products, aims to attract more new customers during 2016

CIB puts simple conditions on opening accounts for youth to attract them…

Hossam Mounir Hossam Mounir