Commercial International Bank

Company

Investment-firm

Last deal

$150M

Amount

Post-IPO Debt

Stage

01.10.2024

Date

6

all rounds

$1.1B

Total amount

General

About Company
CIB is a leading financial service company in Egypt, offering superior financial solutions to meet diverse customer needs.

Industry

Sector :

Subsector :

Also Known As

CIB, COMMERCIAL INTL BK EGYPT SAE

founded date

01.01.1975

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

Established in 1975 as a joint venture between the National Bank of Egypt and the Chase Manhattan Bank, CIB has become the most profitable commercial bank in Egypt. It provides a wide range of financial products and services, including deposits, loans, private banking, and e-banking. CIB is the preferred bank for over 500 of Egypt's largest corporations and has great potential in the Retail and SME Banking markets. With strong management, high operating standards, and corporate governance best practices, CIB has maintained its position as a trusted and successful institution for more than 40 years.