Commercial International Bank (CIB), Egypt’s largest private sector bank, has launched a call for tenders on a …
Commercial International Bank
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Egyptian Commercial International Bank (CIB) targets inaugurating 25 new branches; including five mini branches, within 2016, Mohamed …
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The Commercial International Bank (CIB) seized lion’s share of Credit Card in Egypt’s banking market after acquiring …
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Financial Institutions
S&P cuts its outlook on 3 Egyptian banks from ‘positive’ to ‘stable’
by Yomna Yasserby Yomna YasserStandard & Poor’s (S&P) Ratings Services has revised Tuesday its outlook on the Commercial International Bank (CIB), …
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Egypt’s largest private sector bank, Commercial International Bank (CIB) posted third quarter net profit of 1.33 billion …
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Fitch Ratings has affirmed in a statement on October 21st, 2015, the Long-Term Issuer Default Ratings (IDRs) …
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Banks
Three banks planning multi-billion pound loan to build power plants in Cairo
by Yomna Yasserby Yomna YasserA consortium of three Egyptian banks is set to arrange a multi-billion Egyptian pound syndicated loan to …
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Banks
Egyptian Electricity Holding gives nod to nine banks’ $1.26bn loan offer
by Yomna Yasserby Yomna YasserState-run Egyptian Electricity Holding Company (EEHC) has approved a loan offer worth 10 billion Egyptian pounds (US$1.26 …
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Banks
French Development Agency, CIB Egypt ink €80mn letter of intent
by Yomna Yasserby Yomna YasserEgypt’s biggest private bank, Commercial International Bank (CIB) has signed wih the French Agency Group Development (AFD) …
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Banks
Citi finalises Egypt retail business deal with CIB late October
by Yomna Yasserby Yomna YasserCitigroup announced Saturday it will transfer all its consumer banking business transactions in Egypt to the Commercial …