CIB Egypt

Capital Markets

  • Headquarters: 21/23 Charles De Gaulle Giza. P.O. Box 2430 Cairo, Egypt., Giza, Egypt, 11213

Phone: +2037472000

Website: www.cibeg.com

Founded: 1975

Employees: 1001-10000

Stock Exchange: NA

Investment Banking Banking Wealth Management Transaction Services Capital Markets Commercial Banking Cash Management Consumer Lending Direct Investment Brokerage and Asset Management Capital Markets Banking Investment Banking

About CIB Egypt

Commercial International Bank was established in 1975 as a joint venture between the National Bank of Egypt (NBE, 51%) and the C ... hase Manhattan Bank (49%) under the name "Chase National Bank of Egypt”. Following Chase's decision to divest its equity stake in 1987, NBE increased its shareholding to 99.9%, changing the Bank’s name to Commercial International Bank (Egypt) S.A.E. NBE’s stake gradually decreased through several public offerings till reaching 18.7%. In 2006, a Consortium led by Ripplewood Holdings acquired NBE stake. In July 2009, Actis, a leading emerging markets private equity firm, invested US$ 244 million to get shares in CIB, acquiring hence 50% of the Ripplewood Holdings Consortium’s stake. Five months later, Ripplewood sold its remaining 4.7% stake over the open market, marking the successful transition of strategic partnership to be with Actis, who then became CIB’s largest shareholder with a 9.1% stake. In March 2014,Actis sold a portion of its holding, representing 2.6% of the Ba Show more

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Frequently Asked Questions Regarding CIB Egypt

Where are CIB Egypt’s headquarters?

CIB Egypt’s headquarters are in 21/23 Charles De Gaulle Giza. P.O. Box 2430 Cairo, Egypt., Giza, Egypt, 11213

What is CIB Egypt’s industry?

CIB Egypt is in the industry of: Capital Markets,Banking,Investment Banking

What is CIB Egypt’s phone number?

CIB Egypt’s phone number is +2037472000


What is CIB Egypt’s official website?

CIB Egypt’s official website is www.cibeg.com

How many employees are working in CIB Egypt?

CIB Egypt has 1001-10000 employees

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