Latest in Tag: Citibank Highlight
Latest in Tag: Citibank

Egypt is vitally important for expansion in emerging markets: Citibank
Citi sees Egypt as a very important and critical country among emerging markets, Rizwan Shaikh, Head of the EMEA Emerging Markets Corporate Banking at Citi has told Daily News Egypt. Shaikh also said that, as a result, the bank is looking to invest to grow its business in the Egyptian market. He noted that …

Emerging markets offer highest growth opportunities despite challenges, volatility: Citibank
Bank expects SPACs to make purchases, seeking opportunities in emerging markets

Citibank names Elissar Antonios as 1st woman to run MENA operations
Antonios will assume overall responsibility for driving Citi’s business in the region.

HSBC, Citibank compete to assess Siemens power plants
Egypt’s sovereign wealth fund to name the winning financial advisor within days

Citibank optimistic about horizons of Egyptian economy
The bank is currently focusing on expanding its portfolio of local companies on a selective basis: Mohamed Abdel Kader

Egypt gained trust of investors, continuity of reforms is vital: Citibank Country Officer
First reform steps was removal of energy subsidies, significant move in right direction, says Abdel-Khader

HSBC, JP Morgan, Morgan Stanley, Citibank, NBAD to arrange Egypt’s next eurobond issuance
Five international banks were chosen to arrange Egypt’s dollar-denominated eurobond issuance on 5 January 2018. The institutions are HSBC, JP Morgan, Morgan Stanley, Citibank and the National Bank of Abu Dhabi (NBAD), Finance Minister Amr El-Garhy announced on Thursday. El-Garhy said the $4bn eurobond issuance will be at the end of January 2018, which is …

Egypt has attracted $18b of such inflows since the flotation of the EGP: Jim Cowles
Jim Cowles, CEO of Citibank in Europe, Middle East, and Africa (EMEA), expressed his optimism towards the growth of the economy in Egypt and the opportunities it offers for financial transactions.

State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE
Banking sector accounts for 77% of total outstanding balances of bills

Citibank interested in Egypt’s future bond offerings: EMEA’s CEO
Citibank remains committed to the country and has a continuous dialogue with the Ministry of Finance, says Cowles

CBE approves CIB’s acquisition of Citibank retail portfolio
The Central Bank of Egypt (CBE) approved, on Tuesday, the Commercial International Bank’s (CIB) acquisition of Citibank Egypt’s private retail banking portfolio.
CIB acquires Citibank Egypt’s retail portfolio
Citibank’s individual clients amount to 600,000, with funding portfolio of EGP 1.7bn

Citibank to launch new payment channels in 2014: Vice president
The bank is preparing new customer services which include the launch of two new premium cards products, Arif Raza says

Fiscal deficit to remain in double digits, inflation unlikely to rise: CitiBank
Economy remains weak with consumption under pressure and investment affected, the report stated