The promotion of Corporate Social Responsibility (CSR) has become an essential base of our business overarching CIB slogan ‘To grow and help others grow’. In addition, CSR supports other policy priorities, which include contributing to the sustainable development of Egypt's economic growth. We believe that a real commitment to CSR unites an organization, strengthens its reputation, and builds meaningful relationships between the corporate sector and the community in which our institution operates. CIB is proudly involved in several social responsibility activities that includes fundraising campaigns, sponsorships, social involvement, and funds with competitive pricing to create new job opportunities and increase living standards.
CIB regards corporate responsibility as the long-lasting dedication by our business to ethically perform and participate in economic development, while providing better life quality for the workforce, their families, the local community, and the society.
Fund Raising Management Campaigns
CIB is expanding its charitable fundraising services with the goal to become a major contributor to a positive societal change, contributing to a better future for the country and its people. The reach of our fundraising services expanded to attract both local and regional donations, using different channels such as telephone, internet, automatic teller machines, the bank branch network, and swift transfers. CIB also enjoys several alliances with financial institutions in Qatar, Saudi Arabia, and the United Arab Emirates.
CIB has helped in raising funds during 2008 for the following entities
Health and Social Engagements: Providing direct financial contributions to Ein-Shams University Hospital (Public Hospital), Mahmoud Hospital (Non-Profit Hospital), Khayrazad Organization for Social Care (private sector organization that provides financial support for public hospitals within Cairo), Faculty of Medicine Menoufeya University – Lung Diseases Center (Public University Hospital), Faculty of Medicine Cairo University - Center for Social & Preventive Medicine (major medical hub that provides health treatment for the under the poverty line segment)
Education: CIB is allocating funds for the renovation of three public schools.
The 3 schools were chosen in disadvantaged areas in Upper Egypt. CIB is supervising the renovation process utilizing its Projects and Purchasing Departments, in addition to providing financial support.
Sponsorships and Social Involvement
CIB financial sponsorships and donations focus on projects that help communities achieve their goals.
Art Sponsorship: CIB regularly sponsors art galleries organized by the Ministry of Culture, aiming to encourage painters in different levels of their apprenticeship. CIB is also recognized as a significant collector of Egyptian art.
Our Employees and the Community
CIB encourages its employees to actively participate in community development providing its staff with the necessary resources in terms of funding and training, encouraging their positive contribution within the community.
Funds Directed to Social Development
CIB has a specialized division that handles developmental funds and finance programs provided by governmental and international donors. These funds are known for their low interest rates and simple application procedures. The program aims at creating new job opportunities and higher income revenues amongst rural populations with special emphasis on women and small farmers. Moreover, CIB is engaged in environmentally friendly projects designed for the preservation of natural resources.
Given the sense of duty and gratitude, CIB bears the responsibility towards the Egyptian society, and in continuation of the Bank’s history of initiatives within Egypt. CIB has donated and spearheaded several fundraising efforts in 2008. It defines corporate responsibility as the ongoing commitment of the business to ethically contribute to the country's prosperity while improving the quality of life of the workforce, their families, the local community, and the society. We seek to build meaningful relationships between the corporate sector and the rest of the society.
The function of Corporate Social Responsibility plays a vital role in contributing to the sustainable development of Egypt's economic growth and to the consistency of CIB slogan ‘To grow and help others grow’
Our community service covers various types of charitable organizations classified into three major fields: Healthcare, Education, and Social Support & Commitment.
Social Involvement
Year 2008
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Children’s Cancer Hospital
The first pediatric cancer hospital in Egypt and the Middle East that provides effective management and treatment systems encompassing cancer prevention, treatment, education and research, free of charge, for children and their families.
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The Egyptian Food Bank
The first non-governmental organization overcoming hunger in Egypt, through accepting monetary and moral support from different organizations and individuals to supply food to the truly needy on a continuous basis.
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Cairo University Specialized Pediatrics Hospital (Abu El Reesh Hospital)
One of the largest public university hospitals in Egypt offering medical services, either for free or at very low fees to a massive number of poor citizens.
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Yehia Arafa Children’s Charity Foundation
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Misr El-Khair Foundation
Year 2007
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Misr El Khair Foundation
An organization that promotes education, healthcare services, and food for Egyptians living under the poverty line in Upper Egypt.
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Yahya Arafa Children’s Charity Foundation
A foundation dedicated to helping children who require surgical bones and heart operation.
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Arafa Charity Foundation
A foundation dedicated to the provision of healthcare services for impoverished citizens in the Delta region.
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Ein Shams University Hospital
A public hospital that serves disadvantaged individuals.
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Mahmoud Hospital
A hospital that serves individuals who travel to Cairo from surrounding towns and seek medical attention.
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Khayrazad Organization for Social Care
An organization that provides financial support for public hospitals within Cairo.
- Lung Diseases Center - Faculty of Medicine Menoufeya University
A Public University hospital that serves underprivileged individuals in Menoufeya.
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Center for Social & Preventive Medicine, Faculty of Medicine, Cairo University
Our donation will be utilized for the renovation of this under-equipped hospital, including an X-ray unit and a dentistry unit.
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Three Public Schools
CIB has chosen three schools for renovation in disadvantaged communities in Upper Egypt.