Egypt’s Commercial International Bank (CIB) has just increased the interest rate on the triple option certificate of deposits to 22% for the monthly interest disbursement period. CIB provides certificates with …
Commercial International Bank
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EconomyHighlights
Golden Coast Company Consider Releasing First Green Sukuk Issue in Egypt
by Nada Khaledby Nada KhaledLocal media sources stated that Golden Coast Company, a subsidiary of Golden Pyramids Plaza is considering and studying the possibility of releasing its first green sukuk (Islamic bond) in Egypt. …
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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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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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The General Assembly of the Commercial International Bank – Egypt (CIB) approved the decision to appoint Hisham Ezz Al-Arab as a non-executive Chairman of the Bank’s Board of Directors. Ezz …
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The Commercial International Bank (CIB) set up the Bank of the Future program to revamp well-positioned digital platforms as a primary service channel. CIB has invested strategically in digital transformation, …
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News
The godfather of CIB Egypt bank, Hisham Ezz Al-Arab, returns as chairman – Al Arabiya
by nevineby nevineEgyptian veteran banker Hisham Ezz Al-Arab returns for a second stint as chairman of the Commercial International Bank (CIB Egypt), sources with knowledge told Al Arabiya TV on Thursday. Ezz Al-Arab, who served as …