CIB is Egypt’s leading private bank and the country’s largest publicly listed firm.
Since its IPO in 1993 CIB has become a trusted bellwether of the broader Egyptian market. CIB’s leading institutional banking platform provides it with exposure to a broad cross-section of Egypt’s large and diverse business ecosystem. With clients ranging from multinational corporations to SMEs, the Bank’s institutional portfolio covers all sectors of the Egyptian economy, which is underpinned by consumer demand from a young, mobile and rapidly growing population – the largest in the MENA region.
CIB has successfully implemented a progressive, multi-pronged growth strategy that has allowed the Bank to consistently and sustainably deliver value to its shareholders. The primary objective of this strategy has been to create a nimble organization capable of proactively identifying actionable market trends and adapting to a broad range of macro circumstances. CIB’s success in attaining this objective is demonstrated by its proven ability to withstand and capitalize on external shocks in a manner that sets it apart from peer institutions.
The central pillars of CIB’s strategy include the use of pragmatic balance sheet management to profitably grow the Bank’s asset base, increase its market share across product categories and cheaply optimize its funding structure. Similar emphasis is laid on the development of a customer-centric business model that further strengthens CIB’s brand equity, as well as on engendering a culture of operational efficiency through digital innovation and prudent cost management. Finally, CIB has reaped the gains from a heavy investment in human capital, with a special focus on its professionals’ training and development.