French AXA Insurance Company has acquired 100 percent of the Commercial International Life Insurance Company (CIL) for …
Tag:
Commercial International Bank
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The European Bank for Reconstruction and Development (EBRD) said Monday it would increase its trading facility limit …
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Banks
Siemens requesting Letters of Guarantees for Egypt Power Projects
by Yomna Yasserby Yomna YasserGerman industrial group Siemens is seeking to obtain letters of guarantee totalling €1.2 billion from Egyptian banks. …
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Egypt’s biggest private-sector bank, the Commercial International Bank of Egypt (CIB-Egypt) has about 200 correspondents, of which …
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Banks
Moody’s assigns Counterparty Risk Assessments to five Egyptian Banks
by Yomna Yasserby Yomna YasserMoody’s Investors Service assigned Tuesday counterparty risk assessments (CR Assessments) to five Egyptian banks. It has assigned …
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Global ratings agency Standard & Poor’s upgraded the long-term credit ratings on three major Egyptian banks; the …
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Egypt’s largest private sector bank, Commercial International Bank (CIB), reported Wednesday a 38 percent rise in first …
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Morgan Stanley Commercial Index threatened the Egyptian Stock Exchange (EGX) with deletion from its emerging markets index, …
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International credit ratings agency Moody’s upgraded Friday the local currency (LC) deposit ratings of five Egyptian banks …
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Moody’s is likely to raise its credit rating on five major banks in Egypt following its upgrade …