CIB Egypt

Active Employer
Banking, Insurance, and Financial Services
5000+ Employees

About The Company

Commercial International Bank was established in 1975 as a joint venture between the National Bank of Egypt (NBE, 51%) and the Chase 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 Bank’s total outstanding shares, in the open market to a group of international investors. In May 2014, Actis, successfully realised its investment in CIB and sold its remaining 6.5% to Subsidiaries wholly owned by Fairfax Financial Holdings Ltd “Fairfax”.
CIB is Egypt’s leading private sector bank, offering a broad range of financial products and services to its customers, including enterprises of all sizes, institutions, households and high-net worth individuals. CIB strives to provide superior financial solutions to meet all customers’ needs. Having the strongest brand equity rightfully places CIB as the bank of choice for over 500 of Egypt’s largest corporations. CIB shows tremendous potential within the bourgeoning Retail and SME Banking markets. Through its superior management, high-operating standards, corporate governance best practices and training programs,CIB has succeeded in becoming the most profitable commercial bank operating in Egypt for more than 40 years.
  • Website
    http://www.cibeg.com
  • Headquaters
    Giza, Egypt
  • Company Size
    5000+ Employees
  • Industry
    Banking, Insurance, and Financial Services

Job vacancies at CIB Egypt (9)

Personal Banker

CIB Egypt - Cairo, Egypt
on 29/10/18
Promote the development and growth of CIB market share through selling a value-adding financial services to achieve the set objectives and applying superior quality service to keep CIB image. In...

Teller

CIB Egypt - Cairo, Egypt
on 20/2/19
Perform the operational functions related to cash area including cash/non-cash transactions and provides a superior service level to all customers. Qualifications ...
on 3/4/19
To professionally handle inbound/outbound calls in terms of (inquiries, complaints, request)  in order to maintain customer satisfaction and good image for the bank by providing a prompt,...

VMWare Administrator

CIB Egypt - Cairo, Egypt
on 15/4/19
 To administer all VMWare platforms and related services availability, performance, security and competency in order to ensure Service Quality and end user satisfaction   Qualifications ...

User Experience Designer

CIB Egypt - Cairo, Egypt
2 weeks, 1 day ago
To analyze and understand user needs, behaviours, and motivations on public and internal websites by injecting Web Analytics and tags across all digital touch points. Qualifications ...
2 weeks, 1 day ago
To develop and manage relationships with E-commerce merchants and attract NTB clients in order to maximize the E-commerce portfolio while maintaining excellent service quality standards....

Direct Sales Agent - Outsource

CIB Egypt - Cairo, Egypt
2 weeks, 1 day ago
To search for new business opportunities in local market to deliver sales, through making outbound calls/ visits to describe bank’s products, explain the benefits of these products, in ...

Summer Internship 2019

CIB Egypt - Cairo, Egypt
1 week, 3 days ago
The Summer Internship program will provide students  from different universities the opportunity to spend four weeks at CIB, acquiring knowledge and hands-on experience in their area of...

Corporate Banking Specialist

CIB Egypt - Cairo, Egypt
1 day, 1 hour ago
Assist the team in implementing the daily transactions of the corporate clients and coordinating with the various departments of the bank to ensure top quality service and efficient TAT ....

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