​Commercial International Bank-Egypt (CIB) received the Asian Banker’s awards of “Achievement in Enterprise Risk Management (ERM)” and “Liquidity Risk Management” in the Middle East and Africa (MEA), at the Asian Banker Risk Management Awards Programme 2017. The awards ceremony was held in conjunction with the MEA Risk & Transaction Banking Dialogue 2017 in Dubai.

These two awards from The Asian Banker continue to support CIB’s well-positioned and forward-looking Risk Management framework, which supports the Bank to absorb any external shocks based on sound balance sheet management, solid capitalization level, and exceptional liquidity. Despite continuous uncertain market conditions post 2011 in Egypt, the bank continues to retain its solid reputation as a market leader, serving clients efficiently and delivering strong results.
The Asian Banker selected CIB for its effective and disciplined ERM framework as it allows the bank to proactively recognize potential adverse events and establish appropriate risk responses that in turn reduce costs or losses associated with operating in an uncertain and volatile market environment. The bank’s ERM framework is holistic with a forward-looking approach, has a dynamic risk culture, a robust and adaptable technology platform, that is aligned with the business strategy, and coupled with a strong framework to monitor both financial and non-financial risks.  The organization’s ERM framework is supported and governed by the Board of Directors, who have significantly contributed to the program’s continuous success.

CIB was also recognized by The Asian Banker for its Liquidity Risk Management. Via the bank’s dynamic liabilities strategy, CIB managed to maintain strong liquidity ratios over the years, compared to local and international guidelines. The bank has a robust Contingency Funding Plan that supports perse funding sources and high-quality liquid assets (HQLA), maintaining an adequate liquidity buffer with minimal reliance on wholesale funding.
Over the past three years, CIB was recognized for six Risk awards in four different categories (ERM, Retail Risk, Liquidity Risk, and Operational Risk), which continue to validate the strength of the bank’s overall Risk framework.


The Asian Banker is the region’s most authoritative provider of strategic business intelligence to the financial services community. The Risk Awards program is designed to identify emerging best practices as well as to identify implementation goals and challenges from which other banks and industry players can learn. Winners are selected by a panel of advisors, industry leaders, practitioners, and academics, based on in-depth submissions that exhibit new concepts, new technologies, and creative thinking.

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