Commercial International Bank Egypt
Commercial International Bank (CIB) is a leading Egyptian bank that provides a wide range of banking and financial services. Established in 1975, CIB has grown to become one of the largest and most reputable banks in Egypt. It offers various services including corporate banking, retail banking, treasury, investment banking, and brokerage services.
With total assets amounting to EGP 635.8 million, CIB boasts a robust and substantial financial base. The bank's average market capitalization of EGP 90.76 billion further highlights its strong position in the market. In terms of various financial indicators, CIB stands out among all Egyptian private sector banks. It has secured the top rank in revenues, net worth, total assets, and deposits in 2022, underscoring its dominance and competitive advantage in the industry.
CIB's success can be attributed to its customer-focused approach, innovative banking solutions, and ability to adapt to evolving market dynamics. As a trusted financial partner, CIB serves a diverse customer base, including individuals, businesses, and institutions, contributing to the economic growth and development of Egypt.
Today, CIB is actively interested in creating an African classification system for environmentally friendly initiatives. The bank focuses on proving to clients that environmental loans result in significant cost savings and boost clients' bottom lines. It also offers seven sustainable finance products, including ones for solar and clean energy, and is aiming for 14 additional programs, including ones for the blue economy and green transportation.
Founded: 1975
Headquarters: 21/23 Charles de Gaulle, P.O. Box 2430, Cairo, Giza, Egypt
Website: https://www.cibeg.com/