CIBPrivatization
Sector: Commercial • Location: Egypt, Arab Republic of
Source: International Finance Corporation (IFC)
_x000C_As part of Egypt’s privatization and reform program, the National Bank of Egypt (NBE) is seeking to sell its 18.7% stake in Commercial International Bank (CIB) to a suitable investor with a vision and capacity to continue the development of the Bank into a well diversified domestic institution and a strong regional player. IFC is considering supporting this privatization. In addition, IFC i
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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 | _x000C_As part of Egypt’s privatization and reform program, the National Bank of Egypt (NBE) is seeking to sell its 18.7% stake in Commercial International Bank (CIB) to a suitable investor with a vision and capacity to continue the development of the Bank into a well diversified domestic institution and a strong regional player. IFC is considering supporting this privatization. In addition, IFC is considering extending other credit products and technical assistance to CIB to support its growth plans in the SME, housing, and sustainable finance sectors. IFC’s total investment would be about $50 million. |
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 |
