Egyptian banks launch Apple Pay tokenization
Several major Egyptian banks have activated card tokenization services through Apple Pay,…
Banks, mortgage companies inject EGP 78.66bn into low-income initiative in November
Financial institutions participating in Egypt's low-income mortgage finance initiative provided a total…
CIB, EBRD sign €50m credit risk guarantee agreement to boost Egyptian SMEs
Commercial International Bank (CIB) and the European Bank for Reconstruction and Development…
IFC provides $150m loan to CIB to support MSMEs in Egypt
The International Finance Corporation (IFC) has announced a $150m financing package for…
Banque du Caire offers EGP 10bn syndicated medium-term facility to Misr Petroleum
Banque du Caire, the National Bank of Egypt (NBE), and seven other…
CIB reports Q3 standalone revenues of EGP 25.2bn
The Commercial International Bank – Egypt (CIB) has reported third-quarter 2024 standalone…
CIB becomes first bank to undergo electronic inspection under Egypt’s new tax system
Sherif Al-Kilani, Deputy Minister of Finance for Tax Policies, highlighted the Minister…
Consortium of Egyptian banks provides EGP 18bn loan to Telecom Egypt
A consortium of 13 Egyptian banks has provided Telecom Egypt, the country's…
CIB signs credit facility to finance Flex Asepto Egypt
The Commercial International Bank (CIB) announced signing a credit facility contract with…
Al Tadamun Microfinance, CIB sign credit facility agreement worth EGP 150m
Al Tadamun Microfinance Foundation, a leader in financing micro-enterprises for women, announced…