Commercial International Bank Egypt CIB has been awarded the title of Bank of the Year in Egypt for 2025 by The Banker, one of the most prestigious and highly competitive recognitions across the African banking landscape. The win comes as a testament to the banks resilient financial performance amid challenging conditions, along with its strategic expansion in business lending and innovative financing solutions.
Commercial International Bank CIB has been named the Best Sub-Custodian Bank in Egypt for 2025 by Global Finance magazine, reaffirming the banks leadership in the financial sector and its ability to deliver top-tier, reliable, and high-quality securities custody services.
The Central Bank of the Republic of Kosovo CBK participated for the first time in the Annual General Meeting of the International Financial Consumer Protection Organization FinCoNet, following its admission as an Associate Member in April 2025.
QNB Group has been recognized as Qatars Best Cash Management Bank 2025 by Euromoney, during the Transaction Banking Awards ceremony held recently in London.
The Governor of the Bank of Japan, Kazuo Ueda, emphasized that the expected move toward raising interest rates in the coming period will not place a burden on Japans economic activity. He clarified that any forthcoming adjustments aim to strike a more precise balance between supporting economic growth and managing inflationary pressures. These remarks come as the Bank continues to follow a cautious monetary stance despite inflation remaining above the 2% target.
QNB has successfully become the first Bank in GCC to enable Weixin e-Commerce acceptance, through a successful collaboration with Darwish Holding and NETSTARS.
As part of CIB Egypts regional expansion strategy, Hisham Ezz Al-Arab, Group CEO, conducted an official visit to CIB Kenya Limited last week, accompanied by Tom Gitogo, Chairman of the CIB Kenya Board, along with board members. The visit reaffirmed Kenyas position as a strategic and priority market within the Groups Africa growth agenda.
Emirates NBD Egypt announced the signing of USD 20 million medium-term loan agreement with PICKAlbatros Group to support the groups expansion plans. This agreement aligns with Emirates NBDs strategy to support vital sectors that contribute to economic growth, particularly the tourism sector, which is considered one of the most important sectors driving economic development.
Suez Canal Bank signed a strategic partnership agreement with Visa, the world leader in digital payments. This partnership aims to support the banks digital transformation strategy by providing advanced payment solutions that go beyond traditional card services. It includes the development of innovative digital products, collaboration with fintech companies, and the enhancement of digital banking services.
Suez Canal Bank has signed a cooperation protocol with e-Aswaaq Misr, a subsidiary of e-Finance for Financial and Digital Investments, to support and empower small and medium-sized enterprises SMEs and entrepreneurs by offering more efficient and integrated financing solutions.
Standard Bank Group, Africas largest financial institution by assets, has announced the official launch of its Representative Office in Egypt during an event held at the Pyramids of Giza in Cairo.
Suez Canal Bank announced its sponsorship of Season 4 of Shark Tank- Egypt, one of the leading programs dedicated to supporting entrepreneurship and innovation. This sponsorship comes as part of the banks keenness to strengthening Egypts entrepreneurship ecosystem, supporting startups and SMEs, empowering them financially to become a key driver of sustainable economic growth and fostering a dynamic business environment capable of competing regionally and globally.
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