Tag: CIB

SODIC, CIB sign EGP300m loan for Westown project

Project expected to yield around EGP1.3bn, company says

Sara Aggour Sara Aggour

CIB and EgyptAir launch joint-brand airline credit card

The joint-brand credit card was launched through the “Mileseverywhere” initiative, which offer…

Daily News Egypt Daily News Egypt

CIB named ‘Bank of the Year’

HSBC dropped 13 places on the efficiency indicator as its profits declined,…

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AFDB approves $50m CIB risk participation agreement

Agreement aids in addressing critical market demand for trade finance in Africa,…

Sara Aggour Sara Aggour

Private equity firm Actis reduces stake in Egypt’s CIB

Reuters - Private equity firm Actis has reduced its holding in Commercial…

Daily News Egypt Daily News Egypt

Al-Futtaim Group signs EGP 532m facility agreement with CIB

Loan will finance phase two of Cairo Festival City Project, says Al-Futtaim…

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MidEast Stocks: CIB’s strong earnings lift Egypt; Aldar drags down Abu Dhabi

Reuters - Egypt’s bourse rose on Wednesday as the country’s biggest listed…

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CIB posts 29% rise in Q4 net profit

The bank’s revenues for the fourth quarter rose by 15% to EGP…

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S&P raises ratings on four Egyptian banks

Ratings agency upgrades long-term ratings on National Bank of Egypt, Banque Misr…

Doaa Farid Doaa Farid

Egypt’s Business Directory names the top five local banks

CIB tops the list as the largest bank in Egypt followed by…

Sara Aggour Sara Aggour