Widely recognized as Egypt’s preeminent corporate bank, CIB serves enterprises ranging from industry leading corporates to medium-sized businesses.
Global product knowledge, local expertise, and capital resources make CIB an Egyptian industry leader in project finance, syndicated loans, securitization, bonds, and structured finance. CIB’s project finance and syndicated loan teams facilitate market access for large borrowers, providing them with world-class services at exceptional execution times.
As a local player that adheres to widely acclaimed international standards, CIB actively participates in select direct investment opportunities in Egypt and across the region, maximizing return on investment.
CIB provides a diverse set of banking and financial services designed to suit the needs of different financial institutions through facilities tailored to address the financing needs of banking and non-banking financial institutions.
CIB delivers world-class services in the areas of cash and liquidity management, capital markets, foreign exchange, and derivatives.
CIB is dedicated to servicing its prime institutional entities through the Strategic Relations Group. SRG carries out this function with highly qualified relationship managers, who supply our customers with exclusive, personalized services, catering to their unique business needs. The market segment covered by SRG contains strategic entities, including, but not limited to, the vast majority of sovereign diplomatic missions.
Enterprises and Governmental Relations aims at managing the Bank’s relationship with strategic governmental and large enterprises by focusing on providing first class service and lifetime value for top tier local and regional companies under state owned enterprises, governmental entities or sovereign authorities, which require a more sophisticated level of service in order to increase their business with CIB. In addition to creating new business opportunities for other lines of business out of those customers through offering different corporate, digital and consumer products and services.
The Bank’s Global Transaction and Digital Banking Group manages all corporate and consumer digital channels to fully integrate the Bank into our clients’ daily lives. It develops simple, reliable, and consultative digital experiences that meet customers’ needs anytime, anywhere, and on any device.
The Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments (Prime, Plus, Wealth, or Private) an extensive bundle of products and services tailored to satisfy their needs. These products are diversified from personal to specialized lending solutions, cash management services to credit and debit card offerings, in light with a full-fledged competitive analysis in depth.
Learn moreThe Business Banking segment serves over 77,000 SMEs with revenues ranging from EGP 1 million to over EGP 200 million through a network of over a hundred experienced relationship managers. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB’s position as a bank of choice for business owners.
Learn moreCIB launched its UAE operations in 2005, offering a full range of products to retail and corporate clients. The office focuses on attracting and channeling inbound investments and cementing relationships with reputable GCC corporations with investment or planned investments in Egypt and Africa, in addition to targeting high-net-worth individuals and business banking clients with an appetite for the Egyptian market. The office creates a bridge between the GCC and Egypt by building and maintaining relationships with large corporate clients and financial institutions in the GCC to boost the corporate and trade finance business in Egypt. These strategic alliances are key to the Bank’s expansion strategy, allowing it to leverage unique opportunities beyond Egypt
CIB established its Ethiopia Representative Office in April 2019. Based in the Kirkos Sub City, Addis Ababa, the office has been fully operational since 19 July 2019. The office works closely with Egyptian corporations operating in Ethiopia, as well as international and local financial institutions to offer creative solutions for their foreign and local financing needs. The office maintains and builds relationships with Egyptian expatriates in Ethiopia to cater to their personal financial needs by capitalizing on CIB’s outstanding retail products, digital banking solutions, and wide branch network. The focus on developing strong ties with Ethiopian banks will pave the way to establishing on-the-ground market intelligence within the country.
CIB acquired 51% of what was previously known as Mayfair Bank Kenya in April 2020, changing its name to Mayfair CIB, before it recently acquired the remaining 49% in January 2023, thus becoming a fully owned subsidiary of CIB under its new name CIB Kenya Limited. The strategy for CIB Kenya Ltd. focuses on trade finance activities and digital banking solutions, particularly growing the Egypt-Kenya trade corridor, enabling Egyptian large corporates and SMEs to do business in the hub of Eastern Africa.
Established in June 2022, Commercial International Finance Company (CIFC) offers mortgage and factoring facilities, with operations scheduled to start in 2Q23. CIFC is aiming to transform the complicated mortgage customer experience into a simple, fast and accessible one, through offering a streamlined process and providing flexible repayment plans. The company will offer a comprehensive mortgage finance suite introduced in phases: Ijara purchase, Ijara refinance, Murabaha, Musharaka, Portfolio Acquisition and Financing Usufruct. Additionally, the company will offer a full factoring product suite to cater for the increasing demand for alternative financial solutions.
Damietta Shipping and Marine Services (DSMS) is a shareholding company, established in 1986 through a public offering. CIB acquired 32% stake in the company in July 2018, raised to 49.95% in October 2020. DSMS is a small-sized company, with minimal operations focusing on marine services, mainly container repairs, fuel tank rentals, and electricity generators.
