Current Standing
CIB impressively boasts healthy figures, a testament to our tradition of excellence and out robust growth:
- EGP 1,708 billion in consolidated net profits
- 5- Year CAGR (2004-2009) of 28%
- Largest Market Cap in Egypt: EGP 21 Billion
- Largest private sector bank by loans: EGP 27 billion
- Largest Net worth: EGP 7 billion
- Leading market share; over 100 “Fortune 500” companies and over 600 of Egypt’s
- largest corporations bank with CIB
- State-of-the-art information technologies infrastructure
Future Prospects
The success of CIB past growth can only be surpassed by its prospects for the future. Increased Foreign Direct Investment in Egypt, constitutional changes aimed at stimulating free market expansion, and banking reforms within the country, all promise to further strengthen CIB. Moreover, CIB alliances and partnerships extend its presence into the Gulf States and beyond.
Recognition of Excellence
CIB is held in high regard by several prestigious economic and banking institutions, including:
2010 Awards:
- Euromoney, Best Bank in Egypt
- Global Finance, Best bank in Egypt
- Global Finance, Best Sub Custodian Bank
- Global Finance, Best Trade Finance Provider
- Global Finance, Best Foreign Exchange Provider in Egypt
- Euromoney Global Investors, Best FX Provider
- Euromoney Global Investors, Best Asset Manager of the Year (CIAM)
- Emeafinance, Best Local Bank
- Emeafinance, Best PPP Deal in Africa
- Emeafinance, Best Securitisation Deal in EMEA
- Emeafinance, Best Structured Finance Deal in Africa
- Deusche Bank - STP Excellence Award
Previous Awards:
- EUROMONEY, “Best Bank in Egypt” 2009
- The Banker, “Bank of The Year” 2009
- Global Finance, “Best Bank in Egypt” 2009
- EMEA Finance, “Best Bank in Egypt” 2009
- Global Finance, “Best Foreign Exchange Bank” 2009
- Global Finance, “Best Trade Finance Bank in Egypt” 2009
- Global Finance, “Best Sub Custodian Bank” 2009
- EMEA Finance, “Best Bank in Egypt” 2008
- Global Finance, “Best Foreign Exchange Bank” 2000-2008
- Global Finance, “Best Trade Finance Bank in Egypt” 2005-2008
- Global Finance, “Best Provider of Money Market Funds in Africa” 2006-2008
- Global Finance, "Best Bank in Egypt" 1997-2008
- The Banker, "Bank of the Year" 2007
- EUROMONEY, "Best Bank in Egypt" 1993-2006
- Emerging Markets, "Best Bank in North Africa" 2006
- SUPERBRANDS, "Brand of the Year – Egypt" 2006
- JP Morgan Chase, "Quality Recognition Award" 2005
Transparency and Responsibility
A strong sense of social responsibility permeates CIB. We take our slogan “to grow, and help others grow” seriously. Towards this end, CIB offers financial assistance to various social projects in Egypt, ranging from the building of public schools in disadvantaged areas to the financing of public hospitals.
This social responsibility is reflected in our responsibility towards our investors. CIB is strongly committed to international best practices regarding corporate governance. With this in mind, CIB is one of the first banks in Egypt to establish a transparent audit committee of the Board to ensure the soundness of the Bank’s internal audit system.
Financial Report
2009
2010
2011
Annual Report
Press Release