Financial Institutions Group (FIG) covers CIB relationship with Banks and Non-Bank Financial Institutions, locally and offshore. The group is structured across four divisions:
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Correspondent Banking Division
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Non-Bank Financial Institutions Division
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Finance Program & Int'l Donor Funds Division
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Structured Trade Finance
Correspondent Banking Division
CIB enjoys a unique set of correspondent relation with outstanding capabilities across countries, currencies and product lines.
Correspondent Banking is the point of contact for local and foreign banks in their cooperation with CIB. Our Team provides a variety of high quality banking services and products through strategic alliances set and strong and longstanding relationship with other Banks and Financial Institutions around the world; in Africa, America, Asia, Europe, and Australia.
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Contact persons:
Hossam Rageh
Head of Financial Institutions Group
Hossam.Rageh@cibeg.com
Work: +202 37472999
Mobile: +201003406174
Mounir Yassin
Head of Correspondent Banking
mounir.yassin@cibeg.com
Work: +202 37472288
Mobile:+20100424446
Mohamed Shams
Head of Sector
Correspondent Banking
mohamed.shams@cibeg.com
Work: +202 37472282
Mobile:+20100424464
Emad Helmy
Head of Sector
Correspondent Banking
emad.helmy@cibeg.com
Work: +202 37472287
Mobile: +20100424434
Tamer El Zant
Head of Sector
Correspondent Banking
tamer.elzant@cibeg.com
Work: +202 37472289
Non-Bank Financial Institutions Division
Non-Bank Financial Institutions provides services, products, and credit facilities to all types of Non-Bank FI both locally & in MENA Region, i.e. insurance, securities brokerage, car finance and leasing companies, etc...
Contact Person:
Hisham Arnaout
Head of Non-Bank Financial Institutions
hisham.arnaout@cibeg.com
Work: +202 37472299
Mobile: +20100424471
Finance Programs & Int’l Donor Funds Division
A unique division under the FI Group, which extends exclusive and integrated management solutions and advisory services to International Donors and Agencies locally and regionally.
The overall objective of the division is to create sustainable Developmental Funds setting best practice standards in services provided to our clients. These Developmental Funds are known for their preferential and concessional terms and conditions, which create new job opportunities and increase income among the rural population with special emphasis on women and small farmers.
Contact persons:
Kamel Sallam
Head of Finance Programs & Int'l Donor Funds
kamel.sallam@cibeg.com
Work: +202 37472870
Mobile: +20101210694
Khaled El Lithy
Finance Programs & Int'l Donor Funds Division
khaled.ellithy@cibeg.com
Work: +202 3747287
Mobile: +20100044948
Structured Trade Finance
Structured trade finance offers trade finance solutions, which focuses on the transaction itself and not on traditional B/S financing, by covering the closed cycle of trade. This wide range of services & non conventional trade finance solutions is provided by a dedicated team, with a deep understanding for our clients' business needs. Thus identifying and grasping trade finance opportunities from local as well as international markets.
As a market leader, CIB extends credit facilities to its clients on above-average risk destinations using Credit Insurance Programs, supported by warehouse receipts, and issued by reputable collateral managers.
STF Range of Products:
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Classical Trade Finance services (L/Cs, L/Gs, Documentary Credits & Documentary
Processing)
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Transferable Credits
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Revolving Credits
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Pre-export Finance
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Bill Discounting
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Title-tacking structures (Warehouse receipt financing & structured trade cycles
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Special arrangement for above-average risk destinations (Credit insurance programs & special confirmation lines)
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Related services
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Invoice factoring through Egypt Factors; CIB's affiliate
Contact persons:
Nihal Marei
Head of Structured Trade Finance Division
nihal.marei@cibeg.com
Work: +202 37472730
CIB’s diverse approach to trade finance, whether in terms of tailor made products and solutions or in terms of handling traditional trade finance, has led to CIB winning the “Best Trade Finance Provider” award by Global Finance for the last four consecutive years, indicating that CIB is the preferred trade finance bank for top-tier corporate and institutions.
FI in its activities provides support to other areas such as: Corporate Banking Group, Treasury Group, etc. within CIB as well as cross selling services of CIB subsidiaries’ such as Egypt Factors, CI-Holding & Corplease, etc.., with the target of providing an all-covering service to our customers.