{"id":626898,"date":"2018-07-15T03:59:09","date_gmt":"2018-07-15T03:59:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/"},"modified":"2018-07-15T03:59:09","modified_gmt":"2018-07-15T03:59:09","slug":"cib-sets-record-straight-on-alleged-fraud-case","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/","title":{"rendered":"CIB sets record straight on alleged fraud case"},"content":{"rendered":"<p><strong>CIB sets the record straight on alleged fraud case: <\/strong>Our friends at CIB put out a statement over the weekend after allegations surfaced on social media this past Thursday that a bank employee had defrauded a retail client in the coastal city of Alexandria. An exhaustive review of transactions on the client\u2019s account found \u201cno discrepancies,\u201d leading the bank to note that the apparent dispute is \u201cunrelated to the Bank,\u201d <a href=\"https:\/\/www.facebook.com\/pg\/CIBEgypt\/posts\/?ref=page_internal\">according to a CIB statement<\/a>. \u201cCIB will share the results of our exhaustive investigation with the relevant regulatory bodies and will avail all the needed documents for the regulators to verify that the client\u2019s complaint is unfounded,\u201d the statement added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CIB sets the record straight on alleged fraud case: Our friends at CIB put out a statement over the weekend after allegations surfaced on social media this past Thursday that a bank employee had defrauded a retail client in the coastal city of Alexandria. An exhaustive review of transactions on the client\u2019s account found \u201cno [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626898","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"f825e07b-6a5b-4393-99ad-5dc839bf510b","order":"0","is_powered_by":true,"section_story_id":"379c97b7-9014-407d-996b-cdfbfcc3635d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626884],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CIB sets record straight on alleged fraud case - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIB sets record straight on alleged fraud case\" \/>\n<meta property=\"og:description\" content=\"CIB sets the record straight on alleged fraud case: Our friends at CIB put out a statement over the weekend after allegations surfaced on social media this past Thursday that a bank employee had defrauded a retail client in the coastal city of Alexandria. An exhaustive review of transactions on the client\u2019s account found \u201cno [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-15T03:59:09+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CIB sets record straight on alleged fraud case\",\"datePublished\":\"2018-07-15T03:59:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/cib-sets-record-straight-on-alleged-fraud-case\/\",\"name\":\"CIB sets record straight on alleged fraud case - 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Dubai-based Kakar (LinkedIn) brings over 30 years of experience, and currently sits on the boards of both the Gulf International Bank and Greece\u2019s Eurobank Ergasias. Sukthankar, meanwhile, is\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650956,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/01\/cib-posts-record-net-earnings-with-fy2016-results\/","url_meta":{"origin":626898,"position":1},"title":"CIB posts record net earnings with FY2016 results.","author":"enterpriseam admin","date":"1 February 2017","format":false,"excerpt":"CIB posts record full-year earnings as it releases FY2016 results. Leading commercial bank CIB \u201cposted another year of record performance despite the unfavorable macroeconomic environment and increasingly challenging regulatory requirements, generating consolidated full-year revenues of EGP 11.3 bn and net income of EGP 6.01 bn, up 11% and 27% from\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568853,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/05\/cib-mulls-issuing-up-to-egp-15-bn-in-financial-instruments-to-fund-expansion\/","url_meta":{"origin":626898,"position":2},"title":"CIB mulls issuing up to EGP 15 bn in financial instruments to fund expansion","author":"enterpriseam admin","date":"5 February 2020","format":false,"excerpt":"CIB could issue up to EGP 15 bn in financial instruments to finance its planned expansion, according to a bourse disclosure (pdf). The bank will convene a general assembly on 15 March to review the potential issuance, the statement says. 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