Tag: CIB

CIB partners with Chamber of Food Industries to boost Egypt’s food sector, export growth

The Commercial International Bank – Egypt (CIB) has signed a strategic sponsorship…

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Three banks arrange EGP 5bn syndicated loan for NERIC

Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry…

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Egyptian banks launch Apple Pay tokenization

Several major Egyptian banks have activated card tokenization services through Apple Pay,…

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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…

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CIB, EBRD sign €50m credit risk guarantee agreement to boost Egyptian SMEs

Commercial International Bank (CIB) and the European Bank for Reconstruction and Development…

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IFC provides $150m loan to CIB to support MSMEs in Egypt

The International Finance Corporation (IFC) has announced a $150m financing package for…

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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…

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CIB reports Q3 standalone revenues of EGP 25.2bn

The Commercial International Bank – Egypt (CIB) has reported third-quarter 2024 standalone…

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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…

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Consortium of Egyptian banks provides EGP 18bn loan to Telecom Egypt

A consortium of 13 Egyptian banks has provided Telecom Egypt, the country's…

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