Corporate Banking Group

CIB's Corporate Banking Group acts as the bank's financing and underwriting arm.  CIB is renowned for its corporate franchise reputation that has been established as a result of its extensive expertise in various sectors of the economy for new and existing projects and corporations.

Specialization to Promote Excellence

CIB is known for its efficient credit culture and sound reputation which has been established as a result of the Corporate Banking Group's excellent organizational structure which is primarily based on industry specialization.  Business is conducted via a series of specialized teams whereby each team is devoted to a specific industry sector, a matter which allows for an in-depth analysis of handled industries.  Specialization in such a manner remains unprecedented among CIB's peers, a matter which has furnished the Group not only with a competitive edge but also with eligibility to conduct advisory services as part of the day to day relationship management of the accounts.

The Group's segregated industry sectors are:

Telecommunications	Food
Oil and Gas	Agribusiness
Power	Chemicals
Industrial Gases	Paper
Infrastructure and Construction Industries	Detergents
Tourism Industry	Electronics
Cement Industries	Pharmaceutical
Petrochemicals	Consumer Durables
Textiles	Household Appliances
	Automotive

Promotion of the nation's economic welfare

The Group's foremost target resides in promoting the nation's economic development.  Accordingly, the Group is committed to closely monitor the performance of financed projects and economic entities with the purpose of ensuring their viability as an ongoing concern.  Efforts exerted are based on the belief that economic viability on the micro level is certain to contribute to, and promote, economic welfare within the entire economy.

Products and Services

CIB offers a complete range of products and services to cover the needs of entrepreneurs operating in a rising economy from credit facilities to project finance and employee benefits, as detailed hereunder:

Direct Facilities:

• Tailoring short-term facilities to finance working capital needs. 
• Tailoring and structuring of medium and long term loans to address capital expenditures and investments requirements.
• Lead and arrange syndicated medium and long term loans for mega projects.

Contingent Facilities:

• Letters of Credit to cover corporate client’s financing requirements in relation to the procurement of raw materials, spare parts, and machinery. 
• Letters of Guarantee to cover corporate clients' bonding business requirements.

Services:
Automatic Telling Machines 'ATMs'

• ATM cards are available for all CIB clients to facilitate 24 hours encashment of funds held at the bank in all branches existing in the nationwide branch network.  The service covers both EGP and USD withdrawals. 

Electronic banking

• This service is available to link corporate clients to their respective accounts at CIB thus facilitating access to information.  Accessibility covers account information as well as exchange rates and cross rates, and merely entails the installation of computer equipment on company premises.  This service also allows clients to request banking transactions (transfers, L/Cs and L/Gs initiation) through the installation of a fax modem. 

Credit Cards and staff loans

• In line with service diversification, CIB accommodates employees of corporate clients with staff loans as well as VISA and Master credit cards.  These services are tailored in lieu of each company's corporate policy for their employees. 

Payroll services

• To alleviate the financial and administrative burden borne by corporate clients in relation to monthly salaries, CIB has made available the following options:
• Crediting employees' current/saving accounts with monthly salaries. 
• Hand delivery of salaries to company premises. 
• A combination of both options is available to reach the most convenient arrangement.

Fleet (Gasoline) cards

• CIB's gasoline cards, which are operative in numerous service stations in Cairo, bear the following benefits:
• Fleet cards enable corporate clients to efficiently manage monthly consumption of fuel vis a vis other expenses.
• Limitation of petty cash use.
• An efficient reconciliation system is applied, whereby statements are issued in two sets; individually for separate cars' consumption, as well as aggregately for the entire company. 
• (Similar arrangements could be applied to retail stores and supermarkets).

Cash loans:
With salary/ installment transfer

• Permanent contract employees. borrowers age between of 21-59 years loan to be re-paid monthly over a maximum of 5 years provided that installment not to exceed 25% of the employee’s net disposable income if monthly salary is less than EGP 5000/month , and not to exceed 40% if more than EGP 5000/month. 
• Loan amount up to 24 month of the employee’s annual income or EGP 250000 whichever is lower. 

• Permanent contract employees. borrowers age between of 21-59 years loan to be re-paid monthly over a maximum of 5 years provided that installment not to exceed 25% of the employee’s net disposable income.
• Loan amount up to 15 month of the employee’s annual income or EGP 35000 whichever is low. Checks and grantor is needed. 

Doctor loans:

• Medium term loan granted to doctors to finance up to 80% of medical equipments Borrower’s maximum age 59 years. Minimum of 10 years of medical practice. Two years operating the clinic. Minimum of yearly income of EGP 50M for each of the borrower and the guarantor. 
• Doctors should maintain active accounts with CIB. 
• Loan amount from EGP 50M to EGP 250M.and should not exceed 80% of the value of financed equipment. Loan to be repaid monthly over a maximum of 5 years with a grace period of three months from disbursement of funds, but should be totally repaid prior to the applicant turns 60 years. 

Post - Graduate:
(Special Agreement with the Advanced Management Institute” an affiliate of” Arab Academy for Science, Technology & Maritime Transport”)

• Loans granted to finance post-graduate studies to be reimbursed based on the actual studying period with a maximum of 4 years which ever is less, but prior to the applicant turns 60 years.
• In case the borrower is employed, monthly installment not to exceed 25% of the employee’s net disposable income if his/her monthly net salary is less than LE5000/month, and not to exceed 40% if his monthly salary is more than LE5000/month. 
• In case the borrower is self-employed, checks and grantor is needed. 

Club Membership:

• Medium Term Loan to finance membership fees at listed clubs. Borrower’s age between 21 and 59 years. Final maturity of the loan should not exceed the applicant’s age of 60 years old.
• Maximum amount equivalent to 80 % of membership fees or L.E. 35M which ever is lower, to be paid directly to the club.
• In case the borrower is employed, monthly installment not to exceed 25% of the employee’s net disposable income if his/her monthly salary less than LE5000/month, and not to exceed 40% if his/her monthly salary is more than LE5000/month.
• In case the borrower is self-employed, profitable results for the last three consecutive years is needed. 

Tri-Lateral Commodity Finance:

• Loans granted to permanent employees of CIB’s listed companies / organizations with the company’s acceptance to settle dues on behalf of their staff. Maximum limits to be set for each listed Company/Organization
• Borrower’s age between 21 and 59 years. Final maturity of the loan should not exceed the applicant’s age of 60 years old.
• Monthly installment not to exceed 25% of the employee’s net disposable income if his/her monthly salary is less than LE5000/month, and not to exceed 40% if his/her monthly salary more than LE5000/month. Loan to be reimbursed over a maximum of 5 years or prior to the applicant turns 60 years.  

Rania Abdel Aziz Pharmaceutical, Consumer Durables, Household Appliances And Automotive Industries	(202)37472777     Rania.abdelaziz@cibeg.com
Sherif Gaber Food and Agribusiness Industries	(202)37472677   sherif.gaber@cibeg.com
Hanan El Borollossy  Telecommunication, Natural Gas and Cables Industries	(202)37472590   Hanan.elborollossy@cibeg.com
Mohamed Nabeeh Tourism Industry	(202)37472620   mohamed.nabeeh@cibeg.com
Sally El Mallakh Paper , Health Care , Detergents and Electronic Industries	(202)37472658    sally.elmallakh@cibeg.com