Five Egyptian banks among Top 1000 World Banks
The Banker magazine said five Egyptian banks have entered the top 1,000 world banks, alongside 78 other Arab banks, according to “Tier1Capital.” Egyptian banks that […]
CIB
CIB banking group bought Citigroup’s retail banking business in Egypt
The Egyptian Commercial International Bank (CIB) announced in a statement the acquisition of the retail banking business of the American Citigroup in Egypt. The first […]
Egypt’s CIB posts 38% rise in 2015 Q1 profit
Egyptian banking group Commercial International Bank (CIB) announced on May 13, has recorded consolidated revenues of EGP 2.58bn, up 47% and a net income of […]