Commercial International Bank Egypt E : (CIB) Signs a Memorandum of Understanding (MoU) with the 10th of Ramadan Investors Association

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

Cairo, November 26 , CIB- Egypt's leading private-sector bank, has signed a Memorandum of Understanding (MoU) with the 10 th of Ramadan Investors Association to support local manufacturers. This partnership aims to strengthen local manufacturers by providing a comprehensive range of financial and non-financial services. CIB recognizes the importance to empower local businesses by providing tailored financial and non-financial solutions, guidance, and access to essential resources that foster innovation and growth in the manufacturing industry. CIB will provide the association's members with business workshops and seminars. Moreover, CIB's staff members will attend all meetings to present the bank's solutions, including unsecured lending and online banking features, underlining CIB's commitment to supporting SMEs and commercial customers as well as the manufacturing industry. Commenting on the signing ceremony, Mr. Yasser Abdella, Deputy CEO Retail Banking at CIB, said, "We are pleased to partner with the 10 th of Ramadan Investors Association, as this partnership reinforces our dedication to fostering economic growth and creating a sustainable environment where manufacturers can thrive." Mr. Hany El Dieb, Head of SME Business at CIB, stated, "This partnership paves the way for CIB to become a member within the association. Through our tailored financial and non-financial solutions, we can address the challenges faced by local manufacturers, enabling them to succeed in an increasingly competitive market." The signing ceremony took place at the association's premises in the presence of Mr. Yasser Abdella, Deputy CEO Retail Banking at CIB, Mr. Hany El Dieb, Head of SME Business, and Mr. Mahmoud Swilam, BB Prospecting & Acquisition Head. Dr. Samir Aref, Chairman of the 10 th of Ramadan Investors Association, Dr. Mohey Hafez, Deputy Chairman and Dr. Hala Mohamed, General Manager of the 10 th of Ramadan Investors Association, and various members and representatives were also present.

View stock analysis, news, and events for Commercial International Bank - Egypt (cib) S.a.e.