Tag: CIB

CIB net income down 9% to EGP 2.4bn in 1Q 2020

ROAE records 19.6%, ROA 2.5%, net profit decreases 9% y-o-y

Daily News Egypt Daily News Egypt

CIB acquires 51% of Kenya’s Bank Mayfair in $35.35m  deal

The deal reflects our commitment to increasing trade between African countries, says…

Hossam Mounir Hossam Mounir

CIB CEO in self-isolation after family member dies of coronavirus

Though asymptomatic, Abaza to undergo COVID-19 test, continues to work from home

Daily News Egypt Daily News Egypt

Banks in Egyptian market show strong performance by 2019 end

CIB – Egypt ranks first with profits of EGP 11.8bn, QNB Alahli…

Hossam Mounir Hossam Mounir

CIB launches new personal loan product for low-income payroll customers

The new personal loan is dedicated to customers with a monthly salary…

Daily News Egypt Daily News Egypt

CIB continues to grow healthy profits: Beltone

Decrease in financing expenses supports profitability; improved corporate lending is major positive…

Hossam Mounir Hossam Mounir

CIB aims to raise EGP 15bn to finance expansion

CIB’s consolidated net income grows by 23% to EGP 11.8bn in 2019,…

Mohamed Samir Mohamed Samir

CIB deploys digital solutions to revolutionise banking sector

Bank aims to teach younger generation how to manage their money, grow…

Hossam Mounir Hossam Mounir

CIB named constituent of 2020 Bloomberg Gender Equality Index

The bank is the only Egyptian institution to be included among the…

Daily News Egypt Daily News Egypt

CIB launches Prime Me bundle targeting Millennials

The bundle features a range of banking and non-banking benefits, based on…

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