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Commercial International Bank

IFC invests $100M in in Egypt’s 1st private-sector green bond by CIB

Egypt's first private sector green bond, it is set to help CIB increase lending to businesses willing to invest in eco-friendly initiatives and projects

Fawry to purchase Banque Misr and CIB’s combined 30% stakes in Fawry Plus

Fawry has previously announced its desire to negotiate for the acquisition of the 48% company stakes held by shareholders

CIB launches new services for small business CIB Growth

Named CIB Growth, CIB’s package includes credit facilities with flexible payment terms, dedicated customer service teams and a secure channel for online salary transfers

CIB becomes first private-sector green bond issuer with $100 million

“The CIB’s green bonds issuance today, which is financed by the IFC, is a model of the private sector engagement in the recovery process in Egypt and the role it can play in this process," said Al-Mashat

Banks see EGP 532B climb in financial position during Q1 2021: CBE

The 10 largest banks operating in the local market’s total financial position in March 2021 climbed to 5.930 trillion in March 2021