Commercial International Bank (Egypt) SAE - Company Profile
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Commercial International Bank (Egypt) SAE (CIB) is a provider of personal, corporate, and investment banking and other financial solutions. It provides a range of accounts and deposits, including current accounts, savings accounts, certificate of deposits; credit cards, debit cards, and prepaid cards; loans and mortgages; overdrafts; SME banking; international banking; cash management; merchant services; and e-banking solutions. Its investment banking solutions include financial instruments trading, leasing, structured financing, and merger and acquisition advisory. CIB also provides private banking, insurance, investment funds, financial planning, and custody, and treasury and capital markets services. The bank has operations in Cairo, Upper Egypt, Alexandria, Delta, and Sinai. CIB is headquartered in Giza, Egypt.
Commercial International Bank (Egypt) SAE premium industry data and analytics
Products and Services
Products | Services |
---|---|
Accounts: | Internet Banking |
Savings | Telephone Banking |
Current | ATM Services |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In February, the bank entered into a partnership with Ripple Labs to use blockchain technology for cross-border payments within the Egyptian financial sector. |
2023 | Contracts/Agreements | In September, the company cooperated with Visa to launch a new co-branded academy. |
2023 | New Products/Services | In June, the company launched the CIB noon credit card. |
Competitor Comparison
Key Parameters | Commercial International Bank (Egypt) SAE | Arab African International Bank | Bank of Alexandria (SAE) | Credit Agricole Egypt | Egyptian Gulf Bank SAE |
---|---|---|---|---|---|
Headquarters | Egypt | Egypt | Egypt | Egypt | Egypt |
City | Giza | Cairo | Cairo City | Cairo | Giza |
State/Province | - | Cairo | Cairo | - | - |
No. of Employees | 7,917 | 3,016 | 4,330 | 2,561 | 2,172 |
Entity Type | Public | Private | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Hussein Abaza | Managing Director; Chief Executive Officer | Executive Board | 2017 | - |
Muhammad Omar Khan | Chief Operating Officer | Senior Management | 2023 | - |
Talha Karim | Chief Risk Officer | Senior Management | 2022 | - |
Amr El-Ganainy | Managing Director; Deputy Chief Executive Officer | Senior Management | 2023 | - |
Hisam Ezz Al-Arab | Chairman | Non Executive Board | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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