This definition appears very rarely
and is found in the following Acronym Finder categories:
- Organizations, NGOs, schools, universities, etc.
- Business, finance, etc.
See other meanings of CIB
We have 242 other definitions for CIB
in our Acronym Attic
Samples in periodicals archive:
The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade in Egypt by providing a US$ 50 million trade facility to Commercial International Bank under the EBRD s Trade Facilitation Programme (TFP).
Amwal Al Ghad published the bank's stakes in the loan which distributed as EGP900 million in favor of Banque Misr, EGP650 million for each of Commercial International Bank (CIB) and AlexBank, EGP600 million in favor of HSBC in addition to Emirates NBD and QNB-AlAhli which participated with EGP400 million for each bank.
Commercial International Bank, Egypt's biggest private bank, was the last firm to get delisted from ADX due to minimal trade of shares, which Salam attributed to lack of publicity.
OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Commercial International Bank Ltd.
| CAIRO, Jan 10 (KUNA) -- Egyptian President Mohammad Morsi has handpicked Hesham Ramez, the CEO of the Commercial International Bank (CIB), as the new governor of the Central Bank of Egypt (CBE), said Presidential Spokesperson Yasser Ali at a press conference on Thursday.
The Commercial International Bank (CIB), whose performance typically reflects foreign sentiment, bore the brunt as investors staged sell-offs to profit from Monday's rally, sparked by rumours the bank was planning a capital increase.
These include National Bank of Egypt (NBE) which has been downgraded to B1 from Ba3; Banque Misr (From B1 from Ba3); Banque du Caire (From B1 from Ba3); Commercial International Bank (Egypt) (From Ba3 from Ba2) and Bank of Alexandria (From Ba2 from Ba1).
Nomura downgraded Commercial International Bank (CIB) , Egypt's biggest private bank by assets, to "neutral" and cut its 2011, 2012 earnings estimates on expectations of a sharp slowdown in lending and a rise in loan loss charges.