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Commercial International Bank (CIB)Egypt
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This profile is actively maintainedCreated on: 2020-10-30 10:13:19
Last update: 2021-01-27 00:00:00
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Commercial International Bank's head office in Cairo. Photo: Samir I. Sharbaty via Wikimedia Commons (CC BY SA 3.0)About 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 | http://www.cibeg.com |
| Headquarters |
Nile Tower Building, 21/23 Charles De Gaulle, Giza
Cairo
Egypt
|
| CEO/chair |
Hussein Abaza CEO |
| Supervisor | |
| Annual reports |
CSR report 2019 Annual report 2019 |
| Ownership |
listed on Egyptian Exchange (EGC)
CIB's complete shareholder structure can be accessed here. |
| Complaints and grievances |
Policy Assessments
Banks and human rights
Human Rights Benchmark Africa 2021
BankLast update
Country
Score
Ranking
Details
Commercial International Bank (CIB)
EGY
2
Laggard
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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
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Documents
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Policies
Voluntary initiatives
Commercial International Bank (CIB) has committed itself to the following voluntary standards:Good moves
Year: