At the start of Sunday’s transactions at Egypt’s major banks, the US dollar’s value relative to the Egyptian pound was constant. The dollar exchange rate at the National Bank of …
CIB
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EconomyHighlights
Egypt’s Commercial Bank launches 6 percent 1-year USD certificates in Egypt
by Asmaa Elwahyby Asmaa ElwahyThe Commercial International Bank (CIB) introduced a new one-year USD-denominated certificate of deposit (CD) with a monthly yield of 6 percent. The minimum investment for the new CDs is $10,000, …
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EconomyHighlights
Egypt’s CIB Bank Offers High-Yielding Dollar-Deposit Certificate
by Nada Khaledby Nada KhaledCommercial International Bank (CIB), one of Egypt’s largest private banks, issued today a U.S. dollar-denominated certificate of deposit with the highest returns on medium-term depository products in the Egyptian banking …
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Highlights
CBE Lists Average Rates for Dollar, Euro, Sterling, Saudi Riyal
by Nada Khaledby Nada KhaledAccording to CBE, Early Sunday’s transactions at Egypt’s biggest banks showed that the exchange rate of the US dollar against the Egyptian pound remained stable. The Central Bank stated that …
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HighlightsNews
Dollar Price Remains Stable on Wednesday’s Transactions
by Nada Khaledby Nada KhaledAt the start of Wednesday’s transactions, the dollar exchange rate appeared to be stable at Egypt’s major banks. At the National Bank of Egypt (NBE) and Banque Misr, the dollar …
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News
CIB Awarded “Best Institution Implementing Sustainability and Corporate Governance Principles in Egypt”
by Nada Khaledby Nada KhaledThe Commercial International Bank, CIB Egypt announced that it has received the award for “Best Institution for Implementing Environmental and Social Sustainability Practices and Governance Principles in Egypt” during the …
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Forbes Middle East has revealed its annual ranking of Egypt’s Top 50 Listed Companies for 2023, highlighting the Country’s biggest public companies. To develop the ranking, Forbes Middle East gathered …
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News
NEWGIZA University Is Now Eligible For EDGE Advanced Certification according to CIB
by Asmaa Elwahyby Asmaa ElwahyThe Commercial International Bank (CIB), Egypt’s leading private sector bank, confirmed that NEWGIZA for Basic Infrastructure and Educational Services (NGU), one of NEWGIZA’s companies, has been awarded the IFC’s EDGE …
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News
CIB Amend “Women in Business” Program to Support Female Entrepreneurs
by Nada Khaledby Nada KhaledIn efforts to support Egyptian Business Women, the Commercial International Bank (CIB) is offering female entrepreneurs a package of credit facilities within the Women’s Business initiative, designed to support female …
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Egypt’s Commercial International Bank (CIB) just entered the Kenyan market by opening its first branch in Nairobi, Kenya, last Sunday, April 9, after successfully acquiring Kenyan “Mayfair” Bank in January. …