Business News names CIB its bank of the year

CIB named Egypt’s best bank by publisher of Al Borsa. Business News, the publisher of Al Borsa, says CIB was awarded the prize after strong and balanced performance in 2017 as it improved its profitability and had adequate capitalization. In the award’s subcategories, CIB followed National Bank of Egypt in customer satisfaction, which also topped the list for ESG, Ahli United Bank was named the most effective bank, and Egyptian Gulf Bank was named the fastest growing. The best bank award aggregates a weighted average of its four subcategories. A separate award of the best retail bank was also won by CIB.