Commercial International Bank Egypt CIB E : (CIB) Has Signed a Strategic Partnership with Food Export Council (FEC) to Support Egyptian Exports

About this update from Commercial International Bank - Egypt (cib) S.a.e.

Cairo, June 16, 2025- CIB, Egypt's leading private-sector bank, has become FEC's official banking partner until the end of 2027. This partnership underscores CIB's commitment to supporting Egyptian exports and accelerates the growth of the food industry. CIB will sponsor the launch of an integrated digital platform to streamline the registration process for member companies, granting exporters access to the bank's commercial and financial services. This partnership aims to improve financial inclusion and operational efficiency across the sector. It also facilitates regional expansion and supports the council's strategy to open new export markets for Egyptian companies-particularly in Africa. Furthermore, CIB will actively participate in major local and international events organized by the council, including trade exhibitions, commercial delegations, workshops, and seminars. Commenting on the transaction, Mr. Amr El-Ganainy, Deputy CEO & Executive Board Member at CIB, said, "We are pleased to partner with FEC, as this partnership underscores CIB's commitment to empowering Egyptian exporters with tailored financial and non-financial solutions. This partnership aligns with CIB's mission to deliver innovative digital banking solutions and promote financial inclusion." Mahmoud Bazan, Chairperson of the FEC, said, "The Council is working in line with the state's vision of increasing Egyptian exports to $145 billion. This partnership brings us closer to that goal, particularly through improved access to financial services and international opportunities." The signing ceremony was attended by Mr. Amr El-Ganainy, Deputy CEO & Executive Board Member at CIB, Mahmoud Bazan, Chairperson of the Food Export Council, council board members, and senior executives from CIB.

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