blog
external news
our news
New bank climate initiative fails to grasp urgent need to end finance for fossil fuels
Civil society statement on the launch of the Net-Zero Banking Alliance
Commercial International Bank (CIB)Egypt
Active
This profile is actively maintainedCreated on: 2020-10-30 10:13:19
Last update: 2022-01-06 00:00:00
Send feedback on this profile
Download as PDF
Share this page:
CIB's headquarters in Cairo, Egypt. Photo: Google Earth/StreetviewAbout Commercial International Bank (CIB)
The Commercial International Bank (CIB) was established in 1975 as a joint venture between the National Bank of Egypt (51%) and the Chase Manhattan Bank (49%) under its original name 'Chase National Bank of Egypt'. Following Chase's decision to divest its equity stake in 1987, National Bank of Egypt increased its shareholding to 99.9%, and the bank changed its name to Commercial International Bank. In 1993, as part of its privatisation strategy, CIB launched a public share issue resulting in a reduction of the National Bank of Egypt's stake to 43%. Headquartered in Cairo, CIB provides services to clients in the corporate, commercial, retail, wealth, and SME spheres.
| Website | https://ir.cibeg.com/en |
| Headquarters |
Nile Tower Building, 21/23 Charles De Gaulle, Giza
Cairo
Egypt
|
| CEO/chair |
Hussein Abaza CEO and Managing Director |
| Supervisor | |
| Annual report | Annual report 2020 |
| Ownership |
listed on Egyptian Exchange (EGC)
CIB's complete shareholder structure can be accessed here. |
| Complaints and grievances |
CIB does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's financing. |
Policy Assessments
Banks and Human Rights
Human Rights Benchmark Africa 2021
BankLast update
Country
Score
Ranking
Details
Commercial International Bank (CIB)
EGY
2
Laggard
A PHP Error was encountered
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.
News
|
|
Type:
Year:
Documents
Policies
Voluntary standards
Commercial International Bank (CIB) has committed itself to the following voluntary standards:Good moves
Year: