CIB>>News

News

​​​​ 

Press Release dated October 23rd 2020

23 October 2020

The board of Directors of the Commercial International Bank CIB-Egypt has convened on Thursday October 22nd, 2020 in an emergency meeting to discuss contents of a letter received the same morning from the Central Bank of Egypt (CBE)

Changes in CIB's Board of Directors structure in October 2020

13 October 2020

CIB would like to announce that the Board of Directors has ratified Mr. Baslow's appointment in its meeting today.

Changes in CIB's Board of Directors structure

22 September 2020

CIB is pleased to announce that Mr. Jay-Michael Baslow has graciously accepted today his nomination to join CIB’s Board of Directors as a non-executive, independent Board member.

CIB awarded Best Regional Bank - North Africa in 2020

28 August 2020

CIB is proud to announce that we were chosen as the Best Regional Bank - North Africa in 2020 by African Banker.

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