The Banker magazine has included five Egyptian banks in its annual top 1,000 world banks, according to …
Tag:
CIB
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Banks
CIB Bank limits use of bank cards abroad as Egypt FX shortage bites
by Yomna Yasserby Yomna YasserEgypt’s largest private bank, Commercial International Bank (CIB), informed customers on Wednesday it was reducing the amount …
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Banks
Two banking consortia to offer Egypt’s Medinet Nasr $168.8 mln loan in days
by Yomna Yasserby Yomna YasserEgyptian property developer Medinet Nasr will receive this week two offers from two banking consortia competing to …
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Banks
Egypt’s CIB, Beltone drop plans for CI Capital sale deal: sources
by Yomna Yasserby Yomna YasserEgypt’s Commercial International Bank (CIB) has dropped plans to sell its investment bank CI Capital to Beltone …
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EGX
Egyptian Capital Market Association celebrates 20th anniversary today
by Yomna Yasserby Yomna YasserThe non-profit Egyptian Capital Market Association is celebrating Tuesday evening its 20th anniversary, under governmental and non-governmental …
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Banks
Beltone board approves 1 billion Egyptian pound capital increase
by Yomna Yasserby Yomna YasserThe board of Egypt’s Beltone Financial has agreed to a one billion Egyptian pound ($112.6 million) capital …
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Banks
Egypt’s Madinet Nasr reviews banking offers for $112.5 mln loan
by Yomna Yasserby Yomna YasserEgypt’s Madinet Nasr Housing is studying some banking offers to receive a loan worth one billion Egyptian …
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Banks
14 banks among Egypt’s top taxpayers for this season: tax authority
by Yomna Yasserby Yomna YasserFor the current tax season 2015/2016, 14 banks came among Egypt’s top taxpayers, Osama Tawakol, head of …
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Banks
CIB-Egypt approves extension for Beltone Financial’s offer for CI Capital
by Yomna Yasserby Yomna YasserEgypt’s Commercial International Bank (CIB) approved a two-week extension for an offer by Beltone Financial to acquire …
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Banks
CIB approves Egyptian billionaire Sawiris’s bid to buy CI Capital
by Yomna Yasserby Yomna YasserEgypt’s largest listed lender Commercial International Bank accepted an offer by Orascom Telecom, owned by Egyptian billionaire …