Cib Bank Egypt Investment

Aibank authorised capital will be increased to 126mln.

Cib bank egypt investment. The board of directors of the commercial international bank cib egypt has convened on thursday october 22nd 2020 in an emergency meeting to discuss contents o. Cib said it would review and investigate all issues raised by the central bank. The cib one of egypt s leading private sector banks has assets worth 24 89 billion according to cib data in june. Citi egypt s corporate and investment banking franchise provides corporate banking solutions to local and international clients as well strategic coverage for mergers acquisitions equity and related financing solutions.

Crédit agricole cib is the corporate and investment banking arm of the crédit agricole group. October 25 2020. Our team caters to the capital raising needs of our institutional clients. In april 2020 the cib acquired a 51 percent stake in kenya s mayfair bank.

There is also the potential for the acquisition of secondary shares from the national investment bank. Cib egypt s biggest listed bank has substantial foreign holdings and chairman hisham ezz al arab is among the country s leading bankers and a well known figure in middle eastern finance. Daily news egypt 24 jun 2020 equities egypt s aib green lights aibank s 50 65mln capital increase. Langs lang name translate model noofnewmessages model noofnewnotifications.

Cib s sustainability report follows the global reporting initiative gri standards guidelines which promotes the use of sustainable reporting as a way for organizations to contribute to sustainable development.