Commercial International Bank (CIB), Egypt’s leading private sector bank, has been named “Bank of the Year 2025 – Egypt” by The Banker, the premier global banking and finance publication owned by the Financial Times Group. This prestigious accolade recognizes CIB’s resilient financial performance, leadership in digital transformation, and pioneering efforts in sustainable finance.
The award highlights a standout year for CIB, during which the bank successfully navigated global and local economic challenges while achieving significant growth and deepening its corporate lending offerings.
Commenting on the award, Islam Zekry, Group Chief Financial Officer, Chief Operating Officer, and Executive Board Member at CIB, said: “This recognition from The Banker is a testament to our unwavering commitment to customer-centric innovation and operational excellence. Winning ‘Bank of the Year 2025’ underscores the success of our strategy to integrate sustainability and digital solutions across our operations, further solidifying CIB’s position as a trusted partner for growth in the Egyptian economy.”
Key Drivers of Success: The Banker cited several strategic achievements that secured CIB’s win in a highly competitive landscape:
- Resilient Financial Performance: The bank maintained strong profitability and growth metrics despite a challenging operating environment.
- Factoring Market Leadership: The impressive debut of CIB Finance, the bank’s fully owned factoring subsidiary. Launched in early 2024, it amassed a portfolio exceeding EGP 4 billion by June 2025.
- Sustainable Finance Innovation: The launch of the “Sustainable Finance Loan” in July 2024, designed to support SMEs in key sectors such as textiles and food & beverage. This product was developed in partnership with the German Agency for International Cooperation (GIZ) and the Frankfurt School of Finance & Management.
- Strategic Partnerships: The signing of a risk-sharing agreement with the European Bank for Reconstruction and Development (EBRD) in November 2024, guaranteeing 50% of the credit risk on a €50 million loan portfolio for local SMEs.
This award reaffirms CIB’s standing as a market leader in Egypt and Africa, setting benchmarks for banking excellence while actively driving financial inclusion and sustainable development.
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