CIB gains profits of LE4.99B in 6 months

Tue, 14 Jul 2020 - 04:48 GMT

As per standalone results, the bank’s profits reached LE 5.001 billion, compared to LE 5.35 billion in the first half of 2019.

EBRD offers $100M loan to CIB-Egypt to support private sector

Sun, 21 Jun 2020 - 12:25 GMT

Funding will be allocated to small and medium-sized companies, to support them in meeting their needs amid the negative economic effects of the coronavirus pandemic.

CIB’s chairman reveals details of acquisition of Kenyan bank

Tue, 28 Apr 2020 - 03:12 GMT

“We aim to learn from the Kenyan market as it is a developed market for financial inclusion,” he noted.

Huawei announces strategic cooperation with CIB Egypt to provide their Mobile banking app on AppGallery platform

Sun, 05 Apr 2020 - 04:32 GMT

In the context of its efforts to support the digital transformation and fulfilling the consumers’ needs

CIB wins bt100 award for best bank performance on EGX

Tue, 03 Mar 2020 - 07:51 GMT

The Commercial International Bank (CIB) has won the best bank performance on the Egyptian Exchange EGX at bt100 Awards.

CIB records profits of LE11.8B in 2019

Tue, 04 Feb 2020 - 10:44 GMT

The bank’s revenues increased to LE 23 billion in 2019, marking an increase of 13 percent on a year-on-year (YoY) basis.

CIB signs $100M MoU with British institution CDC

Mon, 20 Jan 2020 - 02:18 GMT

The memorandum of understanding is signed by Chairman of CIB Hisham Ezz al-Arab and CEO of the Institutional Sector of CIB Omar al-Janini.

Women's Squash Championship (CIB) quarter-final resumes on Wednesday

Wed, 30 Oct 2019 - 12:09 GMT

The International Women's Squash Championship (CIB) quarter-finals in Egypt will end Wednesday evening at the foot of the pyramids. The total value of the World Championship awards is $ 430,000, sponsored by Commercial International Bank, as the highes

Domty signs LE 100M-medium term loan contract with CIB

Wed, 25 Sep 2019 - 01:58 GMT

The loan proceeds will be used to finance the company’s future expansion and capital expenditures for the company’s new product.

Know the results of CIB Egypt International Open Squash draw

Mon, 16 Sep 2019 - 03:58 GMT

The total CIB World Squash Championship 2019-2020 awards total $ 430,000, while the CIB Egypt International Open Squash 2019 Men's Platinum awards total $ 185,000.

CIB hits net income of LE2.7B in Q2 2019

Tue, 09 Jul 2019 - 01:37 GMT

As per the first half of 2019, the bank’s consolidated net income hit LE 5.36 billion, with a 21 percent increase compared to the same half of 2018.

CIB honoured in bt100 awards ceremony for leadership in digital transformation

Tue, 05 Mar 2019 - 12:13 GMT

HishamEzz Al Arab, Chairman and Managing Director of CIB, received the bt 100 crystal award on behalf of CIB for their Exemplary leadership in digital transformation.

CIB records profits of LE 9.58B in 2018

Tue, 05 Feb 2019 - 12:46 GMT

As per standalone results, the bank marked a profit of LE 9.55 billion in 2018, compared to LE 7.55 billion in 2017, with an increase 26.55 percent.

CIB approves to increase authorized capital to LE 50B

Thu, 10 Jan 2019 - 03:20 GMT

CIB’s issued capital is LE 11.6 billion, distributed over 1.16 billion shares at a nominal value of LE 10 per share.

Dollar prices stable at major Egyptian banks

Sun, 06 Jan 2019 - 12:29 GMT

The dollar exchange rate settled at EGP 17.78 for buying and EGP 17.88 for selling at the National Bank of Egypt.

CIB marks profits of LE 7.02B in 9 months

Thu, 08 Nov 2018 - 11:53 GMT

The share of CIB reacted positively with the results as it rebounded 1.63 percent by 10:45 a.m. (CLT), gaining LE 1.31 to hit levels of LE 81.88.

Yields of AmanCertificatereach LE 1.4B

Tue, 09 Oct 2018 - 03:38 GMT

The Commercial International Bank (CIB) will join the four banks issuing Aman Certificate; the bankhasalready obtained all approvals.

CIB records profits of LE 4.4B during H1 2018

Thu, 02 Aug 2018 - 12:02 GMT

As per standalone results, CIB’s profits rose 22.45 percent during the first six months of 2018, to LE 4.41 billion.

Pharos maintains Equalweight for CIB at FV of LE 105/share

Wed, 09 May 2018 - 05:01 GMT

Pharos said the bank’s lending activity recorded a growth of 5 percent in the first quarter of 2018, compared to a 7 percent growth in the whole 2017.

CIB records profit of LE 2.02B in Q1 2018

Wed, 09 May 2018 - 03:45 GMT

As per standalone profits, the bank recorded a profit of LE 2.017 billion in Q1-18, compared to LE 1.78 billion in the same period of 2017.