Company: Commercial International Bank – Egypt (CIB)
Country: Egypt
Sector: Regional Banks
CEO: Not publicly listed
Website: https://www.cibeg.com/
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Cairo, Egypt
Founded: 1975
Valuation/Revenue: $1,956m revenue; $4,961.6m market value (African Business Top 250, rank 81); ranked 28th on Forbes Middle East’s 30 Most Valuable Banks 2025
Commercial International Bank (CIB) is Egypt’s largest private-sector bank by market value, offering retail, corporate and investment banking services across the country. It was founded in 1975 as a joint venture between Egypt’s National Bank of Egypt and Chase Manhattan Bank and has since grown into one of the most highly rated financial institutions in the Middle East and North Africa.
What Does CIB Do?
CIB provides a full suite of banking services in Egypt, spanning retail deposits and consumer lending, corporate and institutional banking, trade finance, and treasury and investment banking activities. It is consistently cited as Egypt’s leading private bank by profitability and asset quality, serving both large corporates and a growing retail and SME customer base amid Egypt’s ongoing digital-banking expansion.
How Big Is CIB?
African Business’s Top 250 ranking placed CIB 81st by revenue, at roughly $1.96 billion, with a market value of about $4.96 billion — making it one of the most valuable banks on the African continent and the highest-valued bank in Egypt covered in the ranking. Forbes Middle East placed CIB 28th on its 2025 list of the region’s 30 Most Valuable Banks and 45th on its Top 100 Listed Companies list, underlining its regional standing well beyond Egypt’s borders.
Who Owns CIB?
CIB’s shareholder base shifted significantly in April 2022, when ADQ, Abu Dhabi’s state-owned holding and investment company, acquired a stake reported at roughly $911 million. Egypt’s National Bank of Egypt, an original founding shareholder, has seen its stake diluted to around 18.7% through subsequent public offerings, while Fairfax Financial Holdings (via its Fairfax Africa vehicle, following earlier stake sales by private equity firm Actis in 2014) also holds a position. The remainder trades freely on the Egyptian Exchange.
Is CIB Publicly Traded?
Yes. CIB is listed on the Egyptian Exchange (EGX) and has historically also offered global depositary receipts to international investors, giving it one of the broadest international shareholder bases of any Egyptian bank.
Where Is CIB Headquartered?
CIB is headquartered in Cairo, Egypt, operating an extensive branch network across the country alongside a growing suite of digital and mobile banking channels.
How Old Is CIB?
CIB was founded in 1975, originally as Chase National Bank of Egypt, a joint venture between the National Bank of Egypt (51%) and Chase Manhattan Bank (49%). It later became fully Egyptian-owned and rebranded as Commercial International Bank, and has operated under Egyptian private ownership (with the more recent addition of the ADQ stake) for decades since.
How Does CIB Compare to Its Competitors?
CIB’s main domestic rivals include state-owned giants Banque Misr and the National Bank of Egypt, as well as other private and foreign-owned banks operating in Egypt such as QNB Alahli and Banque du Caire. CIB is generally regarded by analysts as the best-run and most profitable of Egypt’s large banks, with strong return-on-equity metrics and consistent recognition in regional “best bank” and “most valuable bank” rankings, including repeated recognition from Forbes Middle East and Euromoney.
How Has CIB Navigated Egypt’s Economic Turbulence?
Egypt’s banking sector has weathered a difficult macroeconomic stretch in recent years, including sharp devaluations of the Egyptian pound, elevated inflation, and periodic foreign-currency liquidity shortages that have squeezed importers and businesses reliant on dollar funding. Against that backdrop, CIB has generally been singled out by regional analysts as one of the more resilient large Egyptian banks, helped by a diversified loan book, a strong corporate banking franchise, and continued interest from international shareholders — most visibly ADQ’s 2022 stake purchase, which was widely read as a vote of confidence in both CIB specifically and the broader Egyptian banking sector’s long-term prospects despite near-term currency volatility.
What Has CIB Been in the News For Recently?
CIB has featured prominently in recent Forbes Middle East regional bank and company rankings for 2025, reflecting continued strength in profitability and market value despite a challenging Egyptian macroeconomic backdrop of currency devaluation and high inflation in recent years. The bank’s ownership evolution — particularly the 2022 entry of Abu Dhabi’s ADQ as a strategic shareholder — has also been a recurring storyline, seen by analysts as a vote of confidence from Gulf sovereign capital in Egypt’s banking sector.
How Do I Apply for a Job at CIB?
CIB recruits through its own corporate careers channels and regularly features in graduate recruitment programmes aimed at Egyptian university leavers, reflecting its reputation as one of the most sought-after employers in Egypt’s banking sector; a specific verified careers-page URL was not confirmed during research for this profile, so prospective applicants are best directed to the bank’s main website for current openings.
Links
Website: https://www.cibeg.com/
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Is CIB Egypt legit?
Yes. It is a long-established, Egyptian Exchange-listed bank with decades of operating history and international institutional shareholders including Abu Dhabi’s ADQ.
How old is CIB?
CIB was founded in 1975.
Who owns CIB?
Major shareholders include ADQ (Abu Dhabi), Egypt’s National Bank of Egypt (a founding shareholder), and Fairfax Financial Holdings, alongside free-float shareholders on the Egyptian Exchange.
Is CIB publicly traded?
Yes, on the Egyptian Exchange (EGX).
Where is CIB headquartered?
Cairo, Egypt.
How does CIB compare to other Egyptian banks?
CIB is widely regarded as Egypt’s most profitable and highest-valued private-sector bank, ahead of peers such as QNB Alahli and Banque du Caire, though state-owned Banque Misr and National Bank of Egypt remain larger by total assets.