Tag: CIB

Banque Misr, CIB amend spending limits on cards abroad

Banque Misr and the Commercial International Bank (CIB) decided to amend the…

Hossam Mounir Hossam Mounir

US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation

Sunday marks the first day of the Egyptian pound’s complete flotation in…

Hossam Mounir Hossam Mounir

Police officer injured in armed attack on CIB branch in Cairo

The attacker tried to storm the bank and used a gun to…

Daily News Egypt Daily News Egypt

More liberalised exchange rate regime is one of the tools to solve foreign currency shortage: Amr El-Ganainy

Proper legislation has to be issued to incorporate the informal economy into…

Hossam Mounir Hossam Mounir

Payfort offers instalment service for e-commerce websites in cooperation with CIB

Payfort, a company specialised in electronic payment services in the Middle East,…

Daily News Egypt Daily News Egypt

CIB reports a record 28% increase in Q2 net income compared to 2015

In the first half of 2016, funding to businesses and individuals reached…

Daily News Egypt Daily News Egypt

Vodafone, CIB agree to transfer money via mobile phones through MasterCard services

The service also includes connecting CIB cards with mobile phones, allowing customers…

Daily News Egypt Daily News Egypt

EGX targets breaking last week’s resistance level of 7,650 points

The EGX kept moving upwards during last week, registering a 1.76% rise…

Mohamed Ahmed Mohamed Ahmed

CIB targets to increase number of SME customers to 80,000 in 4 years

The bank finances these projects by providing EGP 50,000 to EGP 25m,…

Hossam Mounir Hossam Mounir

EFSA postpones its decision in Beltone-CI Capital acquisition deal, pending resolutions on CIB case and Sawiris violation

EFSA is only concerned about the violations that require reconciliation or resorting…

Mohamed Ahmed Mohamed Ahmed