CIB exits investment in Egypt Otsuka Pharmaceuticals, selling stake to Otsuka Group – Dailynewsegypt
Commercial International Bank-Egypt (CIB), Egypt’s leading private-sector bank, has announced the successful completion of its planned exit from Egypt Otsuka Pharmaceuticals (EOP), a leading player in the pharmaceutical industry and a member of the Otsuka Group. The divestment, which saw
CIB reports strong financial performance in Q2 2024 – Dailynewsegypt
CIB records Q2 2024 consolidated revenue of EGP 24.4bn
CIB collaborates with SAS Institute to enhance university students’ skills – Dailynewsegypt
The Commercial International Bank (CIB) Egypt recently signed a memorandum of understanding (MoU) with SAS Institute, emphasising their joint commitment to youth development and workforce readiness. Through this collaboration, students will gain essential skills and knowledge to navigate local and
CIB launches Egypt’s first private Mastercard World Elite Metal credit card – Dailynewsegypt
Commercial International Bank (CIB), Egypt’s leading private-sector bank, has partnered with Mastercard, a global technology company in the payments industry, to introduce the exclusive CIB Private Mastercard World Elite Metal Credit Card. This invitation-only card is designed for CIB’s high-net-worth
CIB, SACE collaborate to boost Egypt-Italy relations
The Commercial International Bank (CIB) in Egypt recently entered into an agreement with the Export Credit Agency in Italy, SACE. This strategic partnership aims to strengthen cooperation between the two countries. The agreement focuses on fostering mutual collaboration and creating
CIB commits $300m to renewable energy, waste management projects in Egypt: Ezz Al-Arab – Dailynewsegypt
Bank participates in financing most new, renewable energy projects in Egypt, targeting 30% by 2030
CIB’s green finance initiatives: Pioneering sustainable banking in Egypt – Dailynewsegypt
Islam Zekry, the Group Chief Financial Officer at the Commercial International Bank – Egypt (CIB), emphasised the bank’s commitment to sustainable economies. CIB aims to stabilise the per capita share of gross domestic product (GDP) across Africa by focusing on