Corporate Banking and Global Customer Relations Group
Widely recognized as Egypt’s prominent corporate bank, CIB serves enterprises ranging from industry leading corporates to medium-sized businesses.
Debt Capital Markets
Global product knowledge, local expertise, and capital resources make CIB an Egyptian industry leader in project finance, syndicated loans, securitization, bonds, and structured finance. CIB’s project finance and syndicated loan teams facilitate market access for large borrowers, providing them with world-class services at exceptional execution times.
As a local player that adheres to international standards, CIB actively participates in carefully selected direct investment opportunities in Egypt and across the region, maximizing return on investment.
Financial Institution Group
CIB provides a diverse, tailored set of services designed to suit the needs of banking and nonbanking financial institutions.
Treasury and Capital Market Services
CIB delivers world-class services in the areas of cash and liquidity management, capital markets, foreign exchange, and derivatives.
Strategic Relations Group
CIB is dedicated to servicing institutional clients through the Strategic Relations Group (SRG). Highly qualified relationship managers provide customers— including, but not limited to, sovereign diplomatic missions—with exclusive, personalized services catering to their unique business needs.
Enterprise and Governmental Relations Group
Enterprise and Governmental Relations provides world-class, value-accretive services to top-tier local and regional companies under state-owned enterprises, governmental entities, or sovereign authorities. It also creates new business for CIB’s other lines of business by offering clients various corporate, digital, and consumer products and services.
Global Transaction and Digital Banking
The Bank’s Global Transaction and Digital Banking Group manages all corporate and consumer digital channels to fully integrate the Bank into clients’ daily lives. It develops simple, reliable, and consultative digital experiences that meet customers’ needs anytime, anywhere, and on any device.
The Consumer Banking division is central to CIB’s dynamic service offering, providing a broad range of retail clients in different customer segments—Prime, Plus, Wealth, or Private—an extensive bundle of products and services that are tailored to meet their needs. These products are diversified from personal to specialized lending solutions, cash management services to credit and debit card offerings.
The Business Banking segment serves over 72,000 SMEs with revenues ranging from EGP 1 million up to EGP 200 million through a network of over a hundred experienced relationship managers. The division works with clients across the industry, providing marketleading services and innovative, bespoke solutions for small and medium enterprises, as it works to cement CIB’s position as a bank of choice for business owners.
Representative Offices, Strategic Subsidiaries, and Associates
Dubai Representative Office
CIB launched its UAE operations in 2005, offering a full range of products to retail and corporate clients. The office focuses on attracting and channeling inbound investments and cementing relationships with reputable GCC corporations with investment or planned investments in Egypt and Africa. The office also targets high-net-worth individuals and business banking clients with an appetite for the Egyptian market. The office creates a bridge between the GCC and Egypt by building and maintaining relationships with large corporate clients and financial institutions in the GCC to boost the corporate and trade finance business in Egypt. These strategic alliances are key to the Bank’s expansion strategy, allowing it to leverage unique opportunities beyond Egypt.
Addis Ababa Representative Office
CIB established its Ethiopia Representative Office in April 2019 in Kirkos Sub City, Addis Ababa. The office has been fully operational since 19 July 2019. It works closely with Egyptian corporations operating in Ethiopia, as well as international and local financial institutions, to offer creative solutions for their foreign and local financing needs. The office maintains and builds relationships with Egyptian expatriates in Ethiopia and focuses on developing strong ties with Ethiopian banks to pave the way for establishing on-the-ground market intelligence within the country.
CVentures is Egypt’s first corporate venture capital firm owned by a bank and focused primarily on investing in category-defining companies in financial technology spaces with the potential to create meaningful change in financial services. CVentures primarily participates in Series A and Series B investment rounds, as well as seed investment rounds in core financial applications including, but not limited to, capital markets and payments, money transfers and remittances, digital lending and financial data platforms, artificial intelligence, data analytics and machine learning, security and enterprise IT, insuretech, blockchain, marketing and customer experience, alternative finance, regtech, and digital banking solutions.
Mayfair CIB Bank (MCIB)
CIB acquired 51% of Mayfair Bank Kenya, now known as Mayfair CIB Bank (MCIB), in April 2020—the first cross-border acquisition by CIB into Sub-Saharan Africa. Since then, CIB has focused on financing activities through MCIB, with special focus on growing the Egypt-Kenya trade corridor, building a bridge for Egyptian large corporates and SMEs to do business and even set up shop in the hub of Eastern Africa and serve multinational and local SMEs in Kenya.
Damietta Shipping and Marine Services (DSMS)
Damietta Shipping and Marine Services (DSMS) is a shareholding company established in 1986 through a public offering. CIB acquired a 32% stake in the company in July 2018, which it raised to 49.95% in October 2020. DSMS is a small-sized company, with minimal operations focusing on marine services, mainly container repairs, fuel tank rentals, and electricity generators.
Falcon Group provides a plethora of services including, but not limited to, security services, money transfer, technical systems, security products, public services and project management, and tourism and concierge services to a variety of industries, such as the industrial, commercial, tourism, and public sectors. The Group provides state-of-the-art, holistic solutions tailored to every client’s specific requirements. Falcon Group’s key strength lies in its single-point-of-contact solutions that ensure it provides consistent services at the highest quality, lowest risk, and with great flexibility at a reasonable cost.
Fawry Plus was established in 2017 as a joint venture between CIB, Banque Misr, Fawry, and ACIS to become Egypt’s first banking agent and forerunner in the nation’s strategy to achieve financial inclusion. Fawry Plus seeks to provide a wide array of banking and financial services to consumers and businesses through a network of retail branches across Egypt, with a focus on urban and undeserved regions. Fawry Plus branches provide banking services, including limited KYC services as well as a document collection services for mobile wallet registration, prepaid, credit card issuance, and loan issuance. Other services include mail and bank correspondence collection, loan and credit card payments, cash withdrawals and deposits, and various bill payments, including utilities, telecom, subscription fees, taxes, and fines.
Al Ahly Computer Equipment Company (ACE)
Established in October 1996 as a joint stock company, Al Ahly Computer Equipment Company (ACE) has a long track record in the field of trading and maintenance of specialized information technology hardware. The company is well-positioned as the system integrator of choice for the government, major banks, and large institutions. ACE sources its original hardware products from recognized companies in the field, such as Sedco, Fujitsu, HP, and Cisco. In 2020, ACE worked with numerous prominent institutions and was awarded a mega tender project from one of the largest national banks in Egypt. Despite tough market conditions arising from the COVID-19 pandemic, the company’s management successfully increased its maintenance contracts to offset the decline in trading activity, ensuring revenue and the sustainability of profitability. For the coming year, ACE looks to continue focusing on enhancing its maintenance experience and expanding its client base, along with introducing new products and exploring additional strategic technology partnerships. The ultimate objective is to increase the company’s market share and value against competitors.
TCA Properties is an SPV under Talaat Moustafa Group, established through its subsidiary Alexandria Company for Real Estate Investment (AREI) and its parent company TMG for Real Estate Touristic Investment. The SPV will be specialized in real estate commercial business activities, including the acquisition, leasing, and selling of commercial real estate units, buildings, and/or spaces, and it will be managed by Alexandria Company for Projects Management.