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" Commercial International Bank"

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Business - Economy
3/24/2024 3:26:16 PM
Commercial International Bank (CIB) has raised the yields on its new EGP-denominated fixed-rate certificates of deposits (CDs) by two percent, for the second time in two months, up to 24 percent on some of the three-month certificates, according to the bank’s website.

Business - Economy
1/21/2024 6:14:25 PM
The Commercial International Bank (CIB) has issued new premium certificates of deposits (CDs) that offer a fixed monthly yield of up to 22 percent, according to the bank’s website.

Business - Economy
1/17/2024 2:28:38 PM
Egypt’s Social Housing and Mortgage Finance Fund (SHMFF) has signed a protocol with the Commercial International Bank (CIB) to offer EGP 3 billion in financing social housing for low- and middle-income citizens.

Business - Economy
12/3/2023 11:10:39 AM
The African Development Bank (AfDB) announced a financial package of $148 million to support the Commercial International Bank of Egypt (CIB) in its endeavors to strengthen small and medium enterprises (SMEs) and facilitate trade.

Business - Markets & Companies
11/24/2023 2:24:06 PM
The Egyptian Exchange (EGX) indices achieved outstanding results for the second week in a row, and the main index reached a new all-time high above 25,500 points, supported by a surge in the index's heaviest stock, Commercial International Bank (CIB).

Business - Markets & Companies
11/19/2023 3:59:59 PM
The Egypt-listed Commercial International Bank (CIB) has secured a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, according to a bourse statement on Sunday.

Business - Markets & Companies
11/10/2023 12:50:01 PM
Egyptian Exchange (EGX) indices leaped in the week that ended on 9 November with the recovery of fertilizers stocks and positive financials from Commercial International Bank (CIB), the biggest stock in the main index, EGX30.

Business - Economy
10/2/2023 2:45:35 PM
Global digital payments company Visa announced a new cooperation with Commercial International Bank (CIB) to launch the She's Next programme to empower women-owned businesses in Egypt, according to a statement by Visa on Monday.

Business - Economy
8/3/2023 7:58:53 PM
The Commercial International Bank (CIB) launched Thursday a one-year USD-denominated certificate of deposits (CDs) with a monthly yield of 6 percent.

Business - Economy
7/9/2023 5:42:53 PM
Commercial International Bank (CIB) has announced receiving $250 million in long-term loans from the International Finance Corporation (IFC) to support its capital and fund green projects, according to a bourse statement on Sunday.

Business - Economy
5/25/2023 12:52:50 PM
African Banker magazine granted Chairman of the Commercial International Bank (CIB) Hisham Ezz El-Arab the Lifetime Achievement Award in recognition of his achievements throughout his banking career, the magazine stated.

Business - Economy
5/1/2023 6:00:55 PM
Standard & Poor (S&P) Global Ratings has revised its outlooks on the National Bank of Egypt (NBE), Banque Misr, and Commercial International Bank (CIB) to negative from stable.

Business - Markets & Companies
4/12/2023 4:47:35 PM
Egypt’s Ministry of Supply partnered with Visa Inc. and Commercial International Bank (CIB) to develop the country’s first digital business registry and identification system.

Business - Markets & Companies
4/9/2023 10:29:34 PM
Egypt’s Commercial International Bank (CIB) has opened its first branch in Nairobi, Kenya on Sunday, following its successful acquisition of Kenyan “Mayfair” Bank in January.

Business - Economy
4/5/2023 2:10:37 PM
A group of Egyptian banks have issued high-yield certificates of deposit (CDs), following the lead of the National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), and Qatar National Bank (QNB).

Business - Economy
4/4/2023 3:34:44 PM
Qatar National Bank (QNB) and Commercial International Bank (CIB) have issued new certificates of deposit (CDs), following the lead of two major banks in Egypt.

Business - Markets & Companies
2/28/2023 11:48:26 PM
The Commercial International Bank (CIB) announced on Tuesday the issuing of new three-year-maturity savings Certificate of Deposits with a 5.25 percent annual yield in the currencies of three Arab Gulf countries - the Saudi Arabian riyal, the Qatari riyal and the United Arab Emirates's dirham.

Al-Ahram Weekly - Opinion
8/20/2022 7:07:00 PM
While last week’s cabinet reshuffle included more portfolios than expected, there are unlikely to be major changes in policy.

Business - Economy
8/26/2021 11:52:56 PM
IFC invested in Egypt's first private sector green bond – issued by the Commercial International Bank (CIB) – to increase lending to businesses seeking to invest in eco-friendly initiatives

Al-Ahram Weekly - Economy
10/28/2020 10:19:32 AM
Jitters on the stock exchange after the resignation of the chairman of the Commercial International Bank will not affect its strong market position

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