Tags Result

ITDA, CIB extend cooperation to scale up digital commercial registry services

The Internal Trade Development Authority (ITDA) and Commercial International Bank – Egypt (CIB) signed an addendum to a cooperation protocol aimed at expanding and sustaining the provision of digital commercial registry services through the bank’s branches.

Updated 12/16/2025 6:42:00 AM
Egypt’s SHMFF, CIB ink cooperation protocol to boost mortgage finance to EGP 12B

The Social Housing and Mortgage Finance Fund (SHMFF) signed a cooperation protocol with Commercial International Bank – Egypt (CIB) to expand joint work in the mortgage finance sector.

Updated 12/4/2025 12:27:00 PM
Drive Finance signs EGP 5B syndicated facility to expand consumer finance and factoring portfolios

Drive Finance, a subsidiary of GB Corp, has signed a syndicated credit facility worth EGP 5 billion to support the expansion of its consumer finance and factoring portfolios, as per a disclosure.

Updated 11/24/2025 10:06:00 AM
talabat collaborates with CIB to launch Mastercard-powered credit card

MENA-focused talabat and Commercial International Bank Egypt (CIB) partnered with Mastercard to launch the co-branded credit card for the digital generation

Updated 10/26/2025 1:33:00 AM
CIB records EGP 7.09B block trading transaction

Commercial International Bank Egypt (CIB) registered a block-trading transaction worth EGP 7.092 billion.

Updated 10/8/2025 10:12:00 AM
CIB’s OGM greenlights EGP 3B capital hike

The general assembly of the Commercial International Bank Egypt (CIB) approved increasing the issued and paid-up capital to EGP 33.779 billion from EGP 30.708 billion

Updated 9/28/2025 12:28:00 PM
CIB to distribute EGP 2.5/share dividend for 2024

The Commercial International Bank (CIB) will pay cash dividends of EGP 2.5 per share to shareholders for 2024 as of April 10th

Updated 3/25/2025 10:06:00 AM
NERIC, 3 banks pen joint financing agreement to develop new factory in East Port Said

The National Egyptian Railway Industries Company (NERIC) has signed a joint financing contract with the National Bank of Egypt (NBE), Commercial International Bank of Egypt (CIB), and Arab African International Bank (AAIB) to back the development of a new factory in East Port Said.

Updated 12/12/2024 11:56:00 AM
CIB’s consolidated profits climb 89% YoY in 9 months

Commercial International Bank Egypt (CIB) reported an 89% year-on-year (YoY) surge in consolidated net profits after tax and minority interest to EGP 42.348 billion in the first nine months of 2024 from EGP 22.406 billion.

Updated 11/4/2024 10:45:00 AM
CIB secures $150M loan facility from IFC

The Commercial International Bank (CIB) has signed a $150 million loan facility with the International Finance Corporation (IFC).

Updated 10/2/2024 9:24:00 AM
Hisham Ezz Al-Arab appointed as CIB’s CEO, board member

The Commercial International Bank's (CIB) board has appointed Hisham Ezz Al-Arab as CEO and board member, succeeding Hussein Abaza.

Updated 9/16/2024 10:29:00 AM
SODIC inks EGP 4.14B syndicated facility deal to fund development costs

The Sixth of October Development and Investment Company (SODIC) has signed a long-term syndicated facility agreement with Banque Misr and the Commercial International Bank (CIB) valued at EGP 4.41 billion.

Updated 9/9/2024 9:28:00 AM
CIB posts 96% YoY consolidated profit in H1 2024

Commercial International Bank Egypt (CIB) reported a 96% year-on-year (YoY) surge in consolidated net profits after tax and minority interest to EGP 27.547 billion in the first half (H1) of 2024 from EGP 14.053 billion.

Updated 7/22/2024 9:50:00 AM
CIB launches 1st Private Mastercard World Elite Metal Credit Card in Egypt

The Commercial International Bank (CIB), in collaboration with Mastercard, has launched the new CIB Private Mastercard Metal World Elite Credit Card.

Updated 7/8/2024 12:06:00 PM
HC Securities expects 5-year CAGR of 24% in CIB’s net income

HC Securities and Investment is expecting the Commercial International Bank’s (CIB) net income to grow at a five-year compound annual growth rate (CAGR) of 24% from 2023 to 2028.

Updated 7/7/2024 2:58:00 AM
B.TECH, CIB to issue EGP 7.5B securitized bond program within 3 years

B.TECH has agreed with the Commercial International Bank (CIB) to issue a securitized bond worth a total of EGP 7.5 billion within three years.

Updated 7/4/2024 8:26:00 AM
EBRD, CIB ink $60M financing deal to support women-led businesses in Egypt

The European Bank for Reconstruction and Development (EBRD) has signed financing agreements worth $60 million with the Commercial International Bank (CIB) to promote green projects and women-led companies in Egypt.

Updated 7/1/2024 12:03:00 PM
CIB lowers FX markup fees for credit cards to 5%

The Commercial International Bank (CIB) has decided to lower its foreign exchange (FX) markup fees to 5% from 10% for all cards.

Updated 6/25/2024 7:27:00 AM
CIB leads Forbes Middle East’s list of top 50 EGX-listed companies in 2024

The Commercial International Bank (CIB) topped the list of Forbes’ Top 50 Listed Companies in Egypt in 2024, with a market value of $4.7 million and total assets of around $17.4 million.

Updated 6/13/2024 9:49:00 AM
CIB’s consolidated profits surge 96% YoY in Q1 2024

Commercial International Bank Egypt (CIB) reported a 96% year-on-year (YoY) growth in consolidated net profits after tax for the first quarter (Q1) of 2024.

Updated 5/13/2024 9:14:00 AM