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News

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CDC to provide CIB with a subordinated loan of USD 100 million

1 July 2020

CIB would like to announce that it has signed an agreement with CDC to provide the Bank with a subordinated loan of USD 100 million.

CIB Egypt makes Forbes Middle East’s top 100 companies for 2020

14 June 2020

Forbes Middle East announced its annual top 100 companies in the Middle East list and CIB has secured the 28th place.

CIB acquires 51% of Mayfair Bank

28 April 2020

CIB would like to announce that the bank has acquired 51% of what is to be renamed as Mayfair CIB Bank Limited in Kenya.

CIB CEO returns to office

26 April 2020

CIB reported today that Mr. Hussein Abaza, its Chief Executive Officer, has returned to work at the Bank’s headquarters.

CIB CEO's Precautionary Self-Quarantine

31 March 2020

CIB reported today that Mr. Hussein Abaza, its Chief Executive Officer, has chosen to enter a period of self-quarantine.

CIB named a constituent of the 2020 Bloomberg Gender Equality Index

2 February 2020

The bank is the only Egyptian institution to be included among the 325 companies in Bloomberg’s Gender Equality Index

We reduced noise pollution levels

12 December 2019

CIB is the first bank in Egypt to measure and reduce ‘Noise Pollution’. This pollution poses an invisible threat and impacts both humans and the environment.

Change in CIB's Board of Directors

9 October 2019

CIB is pleased to announce the appointment of Mr. Paresh Sukthankar and Mr. Rajeev Kakar as independent non-executive directors of the Board, effective today.

CIB awarded the Middle East's Best Bank for Corporate Responsibility award by Euromoney

28 August 2019

CIB awarded the Middle East's Best Bank for Corporate Responsibility award by Euromoney

CIB, a proud member of the DETF

2 July 2019

CIB is now the only representative of Egypt's private sector to become a member of the Digital Economy Task Force (DETF), a joint venture between the African Union and the European Union to achieve cross-border integration and cooperation across Africa.