@cibeg.com
CIB is Egypt leading private-sector bank, offering a full range of financial products and services to enterprises of all sizes, institutions, households, and individuals.
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About
Description
Commercial International Bank (CIB) is one of the leading banks in Egypt and the largest privately-owned bank in the country. Established in 1975, CIB has grown to become a prominent player in the Egyptian banking sector, with a network of over 200 branches and more than 6,400 employees. Headquartered in Cairo, Egypt, CIB operates in various segments including corporate banking, retail banking, and treasury and capital markets.
The bank provides a wide range of financial products and services, including deposit accounts, loans, credit cards, trade finance, asset management, and wealth management solutions. It also offers innovative digital banking solutions to cater to the evolving needs of its customers. CIB has expanded its operations internationally through notable subsidiaries and partnerships.
Its subsidiaries include Egyptian-American Bank, CIB Sweden AB, and CI Capital Holding. The bank has also established joint ventures such as CI Capital Asset Management and CI Consumer Finance. In terms of market position, CIB is considered one of the top banks in Egypt.
It has consistently achieved strong financial performance and has been recognized for its excellence in the banking industry. CIB has received numerous awards and accolades, including being named Best Bank in Egypt by prestigious publications like Euromoney and Global Finance. Over the years, CIB has witnessed significant events and achievements.
In 2006, the bank successfully completed an initial public offering (IPO), becoming the first Egyptian bank to be listed on the Egyptian Stock Exchange. This further strengthened the bank's financial position and reputation. As of the latest available information, CIB continues to be a leading bank in Egypt.
It has displayed resilience despite economic challenges and has maintained its position as a trusted financial institution. However, due to the rapidly evolving nature of the banking industry, it is imperative to refer to the most recent updates and financial reports to obtain the most accurate information on CIB's current status and future directions
Company Type
Public Company
Company Size
5001-10,000
Year Founded
1975
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