About CIB Egypt - Commercial Internationa Bank 🏦
CIB is the leading private-sector bank in Egypt, offering a
broad range of financial products and services to its customers, which include
more than 500 of Egypt’s largest corporations, enterprises of all sizes,
institutions, and households. CIB’s strong brand and growth in retail and SME
banking segments continues to introduce new customers to the bank. As a result,
CIB has succeeded in becoming the most profitable commercial bank operating in
Egypt for more than 40 years.
The Bank was founded in 1975 as Chase National Bank, a joint
venture between Chase Manhattan Bank and the National Bank of Egypt (NBE). In
1987, Chase divested its stake to NBE, who renamed the former joint venture
Commercial International Bank.
Over time, NBE’s ownership in CIB declined, and in 2006 a
consortium led by Ripplewood Holdings acquired NBE’s remaining 19%. In 2009,
Actis, a Pan-African private equity firm specializing in emerging markets,
acquired 50% of Ripplewood Consortium’s stake and became CIB's single largest
shareholder, with a 9.06% stake.
The emergence of Actis as CIB's predominant shareholder marked a key transition in the bank’s strategic relationships. In March 2014, Actis divested 2.6% of its stake in CIB on the open market, maintaining its seat on the board, and in May of that year, sold its remaining stake to several wholly-owned subsidiaries of Fairfax Financial Holdings. Fairfax Financial Holdings owns through its wholly-owned subsidiaries a total of 6.55% of CIB’s shares. In April 2022, Alpha Oryx Ltd (a subsidiary of ADQ) acquired 18.595% of CIB.
CIB Awards
2023 awards
Best Supply chain finance (Africa) by Global finance
Best Trade Finance provider (Egypt) by Global finance
Best Bank for Cash management (Egypt) by Global finance
Trade Finance Bank of the Year - MEED’s MENA Banking
Excellence Awards 2023
2022 awards
The World’s Best Trade Finance Providers in Egypt for 2022 –
Global Finance
World's Best Foreign Exchange Providers 2022 – Global
Finance
Best Wholesale/Transaction Bank for Digital CX – The Digital
Banker
Best Green Bond in Africa – EMEA Finance
Sustainable Bank of the Year – MENA
Regional Awards: Middle East's Best Bank for SMEs –
Euromoney
Best Bank in Egypt – Euromoney
Best Bank for Digital Solutions in Egypt – Euromoney
Country Awards: Best Bank for SME Banking in Egypt –
Euromoney
Best Local Currency Loan – EMEA Finance
Best Structured Finance Deal in Africa – EMEA Finance
Best Cash Management Services in North Africa – EMEA Finance
Best Payment Services in North Africa – EMEA Finance
Best Trade Finance Services in North Africa – EMEA Finance
CIB Personal Interview Questions
How many CIB branches are there in Egypt?
With over 1,400 ATMs and 200+ branches across Egypt, CIB is
always a few steps away. We have equipped you with 24/7 digital services to go
about your banking transactions from the comfort of your home. For more
information, click here.
What is CIB Egypt ranked?
CIB was ranked 1st Top Ranked Bank in North Africa by FTSE
Global Markets.
What do you know about CIB?
CIB is the leading private-sector bank in Egypt, offering a
broad range of financial products and services to its customers, which include
more than 500 of Egypt's largest corporations, enterprises of all sizes,
institutions, and households.
Who is the CEO of CIB Egypt?
Hisham Ezz Al-Arab
The Board has reappointed Hisham Ezz Al-Arab as Chief
Executive Officer and Board Member. Mr. Ezz Al-Arab succeeds Hussein Abaza who
is ending his term at CIB as previously planned. Amr El-Ganainy will become an
executive director of the Board in his capacity as Deputy CEO
Join us at CIB. Apply now on our Careers portal
An employer of choice
* Working at CIB is more than a job; it is a step towards a
remarkable career.
* We value the qualifications, skills, and knowledge of all
our employees and we're committed to their success. We hire top caliber
candidates through a rigorous process, and when they join we strengthen their
talents, and offer rewarding career paths.
Learning and development
* All “CIBians” have learning and development opportunities
for every stage of their personal and professional growth.
* Learning opportunities include programs in technical and
business skills, courses in credit and risk assessment, market seminars,
overseas conferences, and off-site events.
* Leadership training includes programs for first-time
supervisors, middle management development, our Consumer Banking Leadership
Program and Leadership and Management Program. We also sponsor executive-level
education for management diplomas and MBAs in Egypt and overseas.
* Our goal is a pool of talented, well-trained staff with an
understanding of diverse industries, expertise across products, and strong
relationship skills.
Compensation
* CIB offers competitive salaries for Egyptians, and our
remuneration packages are designed to reward performance and benefit high
achievers. CIB also provides wide-ranging medical, social, and financial
benefits.
* We regularly conduct surveys about employee compensation and
benefits to ensure external equity and to learn about market trends and best
practices.
Code of Conduct
* CIB fosters a culture of teamwork that promotes integrity,
honesty, customer focus, and innovation.
* Our code of conduct embodies our belief in equal
opportunities for all our employees. It promotes non-discriminatory practices,
prohibits any form of harassment or intimidation, and protects
“whistle-blowers” with confidentiality and indemnity when they raise concerns.
Join CIB Now as a Teller ...
Job Purpose
To perform the operational functions related to the cash
area including cash/non-cash transactions and provide a superior service level
to all customers.
Key Accountabilities
• Perform all the ATM functions including preparing daily proof sheet , handling captured cards , filling along with the replenishment of onsite ATM machines and reports any malfunctions for repairs and maintenance.
• Introduce alternative channels to customers to reduce traffic in branches according to bank SOP’s.
• Process all the cash counter transactions accurately in accordance with the set objectives.
• Manage the branch daily cash needs with Head Teller for better coordination of cash shipments between the branch and central vault.
• Investigate thoroughly any differences in balancing and reconciliation of cash and other security items by following the standard process of checking / scrutiny / investigation as outlined in Branch standard operating procedure manual.
• Cross sell products based on customer potential and needs without affecting their primary work and service standards contributing in the achievement of the branches KPIs.
• Adhere to the bank standards related to the average waiting & serving time in addition to the productivity reports.
• Maintain zero cash shortages and excesses at counter to ensure maximum control on cash balance.
• Maintain accurate checking on all end of day reports and rectifying of highlighted discrepancies to ensure all controls and procedures are adhered to.
• Check counterfeit currencies, checks and identities.
Qualifications & Skills:
• Bachelor’s degree of commerce, business administration, accounting or its equivalent
• (0-2) Years of experience
• Communication Skills
• Problem Solving Skills
• Service Oriented
• Process Oriented
• Adept in using basic software such as office, internet and e-mail
Apply from here
An employer of choice
* Working at CIB is more than a job; it is a step towards a
remarkable career.
* We value the qualifications, skills, and knowledge of all
our employees and we're committed to their success. We hire top caliber
candidates through a rigorous process, and when they join we strengthen their
talents, and offer rewarding career paths.
Learning and development
* All “CIBians” have learning and development opportunities for every stage of their personal and professional growth.
* Learning opportunities include programs in technical and business skills, courses in credit and risk assessment, market seminars, overseas conferences, and off-site events.
* Leadership training includes programs for first-time supervisors, middle management development, our Consumer Banking Leadership Program and Leadership and Management Program. We also sponsor executive-level education for management diplomas and MBAs in Egypt and overseas.
* Our goal is a pool of talented, well-trained staff with an
understanding of diverse industries, expertise across products, and strong
relationship skills.
Compensation
* CIB offers competitive salaries for Egyptians, and our remuneration packages are designed to reward performance and benefit high achievers. CIB also provides wide-ranging medical, social, and financial benefits.
* We regularly conduct surveys about employee compensation and
benefits to ensure external equity and to learn about market trends and best
practices.
Code of Conduct
* CIB fosters a culture of teamwork that promotes integrity, honesty, customer focus, and innovation.
* Our code of conduct embodies our belief in equal
opportunities for all our employees. It promotes non-discriminatory practices,
prohibits any form of harassment or intimidation, and protects
“whistle-blowers” with confidentiality and indemnity when they raise concerns.
Join CIB Now as a Teller ...
• Bachelor’s degree of commerce, business administration, accounting or its equivalent
• (0-2) Years of experience
• Communication Skills
• Problem Solving Skills
• Service Oriented
• Process Oriented
• Adept in using basic software such as office, internet and e-mail