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Press Room
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February 17,2010 CIB Achieves Double-Digit Earnings Growth in 2009 CIB, the leading financial institution in
Egypt, today released its year end results. With its strong corporate franchise, rapidly-growing consumer
business and disciplined risk management,... more | February 17,2010 Changes in BOD Structure Due to personal commitments and corresponding time constrains, Mr. Robert Willumstad has reluctantly opted to... more | December 22,2009 Changes in Commercial International Bank (CIB)-Egypt We would like to announce that New York-based Ripplewood has sold its remaining 4.7% residual stake in Commercial International Bank (CIB) through the open market. This transaction follows the announ... more | December 01,2009 Fitch Affirms Egypt's Commercial International Bank at 'BB+'; Outlook Stable <COMI.CA> LONDON, November 30 (Fitch) Fitch Ratings has today affirmed Egypt-based Commercial International Bank's (CIB) International ratings at Long-term Issuer Default (IDR) 'BB+' with Stable Outlook... more | November 11,2009 CIB - Third Quarter Results CAIRO, November 11, 2009 – Commercial International Bank (CIB), the largest financial institution in Egypt by market capitalization, today released its third quarter results. With its market leading c... more | October 14,2009 CIB Leads a Group of Local Banks in a Syndicated Medium Term Loan Granted to Al-Hokair Group Commercial International Bank (CIB) (Lead Arranger, Facility Agent, Security Agent and Account Bank) has succeeded in concluding a major Syndicated Medium Term Loan granted to finance the constructio... more | October 10,2009 Cairo Festival City Al-Futtaim Commercial & Administrative Centers SAE - a subsidiary of Al-Futtaim Group – and a consortium of banks including HSBC Bank Egypt, CIB, AAIB, Banque Misr, Banque du Caire, Arab Bank... more | August 12,2009 CIB's First Half Results and New Board Members CIB Continues to Show Momentum and Maintains Its Leadership
in The Egyptian Banking Sector
CAIRO, August 13, 2009–Commercial International Bank (CIB), the leading financial institution in
Egy... more | July 08,2009 Actis to invest US$244 million in Egypt’s Commercial International Bank to become largest single shareholder Actis, an emerging markets private equity specialist, is pleased to announce today that it has executed an agreement to invest US$244 million to acquire shares in Commercial International Bank... more | June 10,2009 Euromoney recognizes CIB as Best Bank in Egypt CIB was recognized by pre-eminent international finance magazine Euromoney as the “Best Bank in Egypt" at the Euromoney Awards for Excellence 2009 Middle East... more |
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