Latest in Tag: The Commercial International Bank Highlight
Latest in Tag: The Commercial International Bank
CIB reports consolidated revenues of EGP 25.9bn, net income of EGP 10.2bn in 2020
Q4 2020 consolidated revenue of EGP 6.58bn and net income of EGP 2.89bn, or EGP 1.75 per share, down 11% from Q4 in previous year
CIB unique among Egyptian banks regarding environmental transparency
The Commercial International Bank (CIB) announced, on Wednesday, that it has furthered its commitment to environmental transparency by disclosing its environmental impact through the Carbon Disclosure Project (CDP).
CIB reports 3Q20 consolidated revenue of EGP 6.65bn, net income of EGP 2.35bn
Bank’s loan loss provision balance records EGP 15.4bn, covering 11.5% of total loan portfolio
CIB reports EGP 7.542bn in pre-tax profit during H1 of 2020
Bank made allocations of EGP 2.260bn, compared to EGP 795m during same period in 2019
CIB net income down 9% to EGP 2.4bn in 1Q 2020
ROAEÂ records 19.6%, ROA 2.5%, net profit decreases 9% y-o-y
CIB CEO in self-isolation after family member dies of coronavirus
Though asymptomatic, Abaza to undergo COVID-19 test, continues to work from home
CIB deploys digital solutions to revolutionise banking sector
Bank aims to teach younger generation how to manage their money, grow their assets: deputy chief operation officer
CIB launches comprehensive loan programme for SMEs
New programme offers wide-range products catering to the needs of SMEs
CIB achieves net profits of EGP3.2bn in 3Q19
Beltone rates CIB’s fair value at EGP81.07
Hard work behind reaching top world ranking in squash: Ali Farag
Playing professional squash in Egypt is much better than in Europe, says PSA men’s No. 1
Youth tops CIB’s priorities: Abaza
“We seek to keep pace with banking developments in the world,” says bank’s CEO
CIB achieves EGP 5.355bn net profit during H1of this year
Bank’s Capital Adequacy Ratio reached 25.82% by end of June 2019
US dollar hits EGP 16.99 mark for first time since March 2017
The average dollar price on Wednesday recorded EGP 17.01 to buy and EGP 17.14 to sell.
CIB profits reach EGP 2.64bn in Q1 of 2019
Total bank assets increase to EGP 351.68bn until end-March
Five banks start issuing prepaid cards to pay government dues electronically
NBE, Banque Misr, Banque du Caire, CIB, ABE issued these cards free of charge for six months
CIB-Egypt establishes representative office in Ethiopia
We are happy about regional presence of bank: Ezz El Arab
Three Egyptian banks among 500 best banking brands in world
List includes NBE, Banque Misr, CIB – Egypt
CIB establishes CVentures, Egypt’s first corporate venture capital firm primarily focused on Fintech startups
Establishment of CVentures is evidence of CIB’s profound commitment towards supporting Egyptian financial sector: Abaza
All investigated transactions are correct, allegations are unfounded: CIB
The Commercial International Bank (CIB) released a press statement on Saturday stating that after the bank conducted a comprehensive internal investigation, they found that all banking operations within the bank were carried out in accordance with the banking procedures and rules. Moreover, according to the statement, all objected transactions were examined and found correct, and …
Suspected embezzlement case at CIB
The bank released a statement stating that they received a complaint, are currently investigating
CIB profits jump by 27% in 2016 despite losses
CIB board of directors agree to obtain a supporting loan worth $300m
CIB retains 28% of CI Capital to ensure impact on company management: sources
The share ensures that the interests of the bank and CI Capital are preserved
CIB increases spending limit on cards abroad for 3rd time
The Commercial International Bank (CIB) increased its spending limits on its cards abroad for the third time this month, following the liberalisation of the exchange rate. The bank announced on its website that it increased the purchase limits on its White and Classic credit cards to EGP 50,000 up from EGP 35,000 per month. The …