Egypt’s Commercial International Bank seeks EBRD for $150 million

Egypt’s Commercial International Bank seeks EBRD for $150 million

The international donor has just awarded Egypt’s third-largest bank, CIB, $150 million.

Someone shares this article with you
            ▪ Egypt’s Commercial International Bank seeks EBRD for $150 million

▪ The international donor has just awarded Egypt’s third-largest bank, CIB, $150 million.

https://www.africabusinessplus.com/en/817553/egypt-after-ifc-commercial-international-bank-seeks-new-international-donor/

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Consumer goods

29/01/2024 at 18h43, by Africa Business+, updated 30/01/2024

EBRD funds Turkish group Koç Holding’s first home appliance factory in Egypt

Arçelik, a subsidiary of Koç Holding known for its Beko brand, is about to open an industrial plant...

Development Bank

22/12/2023 at 14h38, by Africa Business+, updated 23/12/2023

After CIB and aiBANK, pan-European institution now backs National Bank of Egypt

The country’s leading financial operator is securing loans from the EBRD at a tense time for the Egyptian...

Agribusiness

13/12/2023 at 17h48, by Africa Business+, updated 14/12/2023

EFG Hermes’ bridgehead in retail banking, aiBANK, receives EBRD support

The bank, privatised at the end of 2021, will benefit from €35 million in loans.

Bank

27/10/2023 at 16h55, by Africa Business+

Banque du Caire returns to the EBRD amid currency stress

The European financial institution is backing the financial group and three other Egyptian banks in...

Private Equity

26/10/2023 at 16h22, by Africa Business+, updated 27/10/2023

SPE Capital gets EBRD on board for third fund 

The pan-European institution will invest $40 million in the third fund of Tunisian-based fund manager...

Energy

13/10/2023 at 14h44, by Africa Business+, updated 15/10/2023

EBRD supports Egyptian high-voltage network as part of NWFE mega-plan

The project also benefits from a grant from the European Union against a backdrop of budgetary tensions...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.