Marakez, a subsidiary of Saudi Fawaz Alhokair Group, is in talks with seven banks on paying off …
Tag:
CIB
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Egypt’s main index hit on Thursday the highest level since July 12, due to sustained interest in …
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Egypt’s Commercial International Bank (CIB) reported on Thursday a net profit of 4.416 billion Egyptian pounds ($247.1 …
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Banks
Exclusive: Shares of 5 banks in two Egyptian state-run oil firms’ loan
by Yomna Yasserby Yomna YasserA consortium of five Egyptian banks signed last week a financing agreement worth 4 billion Egyptian pounds …
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Egypt’s largest listed bank, Commercial International Bank (CIB) on Thursday posted a 25 percent year-on-year surge in …
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The Egyptian Exchange (EGX) opened on a mixed note amid local buying against Arab and foreign selling. …
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U.S. dollar prices against the Egyptian pound increased in several Egyptian banks on Sunday. According to the …
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Banks
CIB bank Egypt to boost Tier 2 debt as it looks to African growth
by Yomna Yasserby Yomna YasserEgypt’s Commercial International Bank (CIB) is planning to boost Tier 2 capital through dollar-denominated subordinated loans as …
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A consortium of five Egyptian banks will sign the final loan agreement worth 13 billion Egyptian pounds …
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Egypt’s largest listed bank Commercial International Bank (CIB) posted a 27 percent rise nine-month net profit to …