Tag: CIB

17 banks in Egypt report total EGP 18.565bn net profits in H1 2020

Fear of COVID-19 repercussions, increase in provisions for doubtful loans put pressure…

Hossam Mounir Hossam Mounir

CIB secures spot on FTSE4Good Index for fifth consecutive year

Achievement recognises CIB’s successful journey as pioneer in Egypt’s banking sector, its…

Daily News Egypt Daily News Egypt

MNHD, CIB sign 7-year syndicated long term agreement

The agreement, worth a total of EGP 1bn, will see CIB act…

Alyaa Stohy Alyaa Stohy

COVID-19 helps banks expand in digital services: CIB Official

CIB adopts long-term strategy to develop digital channels, automate payments, says Mohamed…

Hossam Mounir Hossam Mounir

CIB reports EGP 7.542bn in pre-tax profit during H1 of 2020

Bank made allocations of EGP 2.260bn, compared to EGP 795m during same…

Hossam Mounir Hossam Mounir

Banks in Egypt hedge against COVID-19 despite Q1 profit decline

Daily News Egypt monitors profit decline of 12 banks out of 16…

Hossam Mounir Hossam Mounir

IFC provides CIB Egypt $100m loan to support businesses disrupted by COVID-19

IFC’s commitments in Egypt since 2005 has reached $4bn

Shaimaa Al-Aees Shaimaa Al-Aees

CIB obtains $100m support loan from CDC

Loan forms part of executive management plans to strengthen CIB’s capital base,…

Daily News Egypt Daily News Egypt

CIB named Bank of the Year, Credit Agricole most efficient: Business News

The Business News Composite Index consists of four main indicators that address…

Daily News Egypt Daily News Egypt

CIB to limit focus on latest Kenya acquisition, no further expansion planned

Bank equity shielded against currency weakness through $200m IFC, EBRD support loan…

Alyaa Stohy Alyaa Stohy