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 (6)

Outsource - CLCU Officer

CIB Egypt - Cairo, Egypt
on 30/7/18
To perform planned callouts communicating specific messages at key points during the customer relation with CIB and cross sell cards add-on products. Qualifications Qualifications and...

Telesales Agent - Outsource

CIB Egypt - Cairo, Egypt
on 30/7/18
To search for new business opportunities in local market to deliver sales, through making outbound calls ( visits when needed) to describe bank’s products, explain the benefits of these...

Direct Sales Agent - Outsource

CIB Egypt - Cairo, Egypt
on 30/7/18
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 ...

Call Center Agent / Outsource

CIB Egypt - Cairo, Egypt
on 30/7/18
Responsible for handling  inbound/outbound calls professionally  in order to maintain customer satisfaction and good image for the bank  by providing a prompt, efficient and...

Credit Cards/ Personal Loans Collector

CIB Egypt - Cairo, Egypt
1 week, 2 days ago
To collect the overdue and over limit amounts from assigned customers segments who failed to meet due dates to minimize delinquency and control flow through into higher buckets by doing outgoing...

Corporate Banking Specialist

CIB Egypt - Cairo, Egypt
6 days, 19 hours 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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