CIB Subdebt
Sector: Commercial • Location: Egypt, Arab Republic of
Source: International Finance Corporation (IFC)
The project consists of a subordinated loan to the Commercial International Bank S.A.E Egypt (“CIB” or the “Bank”). This Tier 2 capital instrument is intended to add diversity to the Bank’s capital base and long-term growth prospects. Established in 1975 as a joint venture between Chase Manhattan Bank and the National Bank of Egypt, CIB is currently the leading private bank in the market, having a
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project consists of a subordinated loan to the Commercial International Bank S.A.E Egypt (“CIB” or the “Bank”). This Tier 2 capital instrument is intended to add diversity to the Bank’s capital base and long-term growth prospects. Established in 1975 as a joint venture between Chase Manhattan Bank and the National Bank of Egypt, CIB is currently the leading private bank in the market, having a well-established franchise especially in the corporate segment, and it is also Egypt’s largest private bank by assets. The Bank offers The Bank offers comprehensive, wide-ranging financial products and services through a network of 194 branches and 6,474 employees, operating in all segments of Egypt’s banking sector: corporate, commercial, business banking, and retail wealth management, all of which are offered to customers through client-centric teams. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |