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…
Police officer injured in armed attack on CIB branch in Cairo
The attacker tried to storm the bank and used a gun to…
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…
Payfort offers instalment service for e-commerce websites in cooperation with CIB
Payfort, a company specialised in electronic payment services in the Middle East,…
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…
Vodafone, CIB agree to transfer money via mobile phones through MasterCard services
The service also includes connecting CIB cards with mobile phones, allowing customers…
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…
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,…
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…
NBE, CIB, Banque Misr, QNB Al-Ahli, HSBC hold over half of banking sector’s total profits as of December 2015
The CBE said in a recent report that the net profit of…