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Commercial International Bank or CIB ( Arabic: البنك التجاري الدولي) is an Egyptian bank, one of the largest banks in the Egyptian private sector.
The United Bank of Egypt. Housing and Development Bank. Suez Canal Bank. Agricultural Bank of Egypt. Egyptian Arab Land Bank. Industrial Development Bank of Egypt. Export Development Bank of Egypt. Commercial International Bank (CIB) Arab African International Bank.
CIB Bank (or Central European International Bank Ltd.) [2] is the second-biggest commercial bank in Hungary, after the 1 January 2008 merger with Inter-Európa Bank.
In 2020, the bank served approximately 14.6 million customers in Italy and 7.2 million customers in Central and Southeast Europe, Ukraine and Egypt through several subsidiares such as Bank of Alexandria, CIB Bank, PBZ and VÚB Banka. [7]
HSBC Bank Egypt was established in 1982 as Hongkong Egyptian Bank with 40% HSBC ownership. In January 1994, the bank was renamed Egyptian British Bank under the same shareholding structure. The bank took the name HSBC Bank Egypt in April 2001 following an increase in shareholding by the HSBC Group's from 40% to 94.5% of its issued share capital .
BNP Paribas CIB (Corporate and Institutional Banking) is the global investment banking arm of BNP Paribas, the largest banking group in the world. In October 2010, BNP Paribas was ranked by Bloomberg and Forbes as the largest bank and largest company in the world by assets with over US$3.1 trillion.
The economy of Egypt used to be a highly centralized economy, focused on import substitution under president Gamal Abdel Nasser (1954–1970). During the rule of president Abdel Fattah el-Sisi (2014–present), the economy follows Egypt's 2030 Vision. The policy is aimed at diversifying Egypt 's economy. The country's economy is the second largest in Africa by nominal GDP, and 38th in ...
BNP Paribas CIB benefits from the Group 's large asset base (over €2 trillion) and diverse business model, and is proving resilient in the economic and financial crisis that has been affecting the banking sector since 2007. [1] Revenues from BNP Paribas CIB nearly doubled in the second quarter of 2009 as robust investor demand boosted revenues from the bank's fixed income trading business ...