{"id":644966,"date":"2017-07-09T04:24:33","date_gmt":"2017-07-09T04:24:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/09\/cib-named-euromoneys-best-bank-in-the-emerging-markets-for-2017\/"},"modified":"2017-07-09T04:24:33","modified_gmt":"2017-07-09T04:24:33","slug":"cib-named-euromoneys-best-bank-in-the-emerging-markets-for-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/09\/cib-named-euromoneys-best-bank-in-the-emerging-markets-for-2017\/","title":{"rendered":"CIB named Euromoney\u2019s Best Bank in the Emerging Markets for 2017"},"content":{"rendered":"<p><strong>CIB was named Euromoney\u2019s Best Bank in the Emerging Markets for 2017<\/strong> at an awards ceremony in London on Tuesday, making it the first bank in Egypt, the Middle East, and Africa to take home the honor, the bank said in an <a href=\"https:\/\/ent.news\/2017\/7\/1057.pdf\">emailed statement (pdf)<\/a>. \u201cPosting high returns as a universal bank in [emerging] markets, where interest rates are naturally high, can be easy in the good times. To sustain it during the inevitably volatile economic and political transitions requires nimble risk management and deep local management. Often treated as a proxy for the Egyptian economy, CIB ticks both those boxes and many more,\u201d <a href=\"https:\/\/www.euromoney.com\/article\/b13pvwqvbk9k4y\/world39s-best-bank-in-the-emerging-markets-2017-commercial-international-bank\">Euromoney says of our good friends<\/a>. CIB Chairman and Managing Director Hisham Ezz Al Arab said the bank\u2019s success stems largely from \u201cstaying away from the emotional side of decision-making [and] anticipating where a problem could arise and preparing for it beforehand.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CIB was named Euromoney\u2019s Best Bank in the Emerging Markets for 2017 at an awards ceremony in London on Tuesday, making it the first bank in Egypt, the Middle East, and Africa to take home the honor, the bank said in an emailed statement (pdf). \u201cPosting high returns as a universal bank in [emerging] markets, [&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-644966","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d82a60f2-25e1-49c6-831a-9861f7db3a25","order":"0","is_powered_by":true,"section_story_id":"e9768218-bae7-418c-ad8c-b3dec73bc7c9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644952],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Among those in attendance were senior executives 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":632060,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/01\/earnings-watch-cib-juhayna-and-centamin-report-fy2017-results\/","url_meta":{"origin":644966,"position":2},"title":"Earnings watch: CIB, Juhayna and Centamin report FY2017 results","author":"enterpriseam admin","date":"1 February 2018","format":false,"excerpt":"EARNINGS WATCH- CIB posts record full-year earnings. Our friends at Egypt\u2019s largest private-sector bank delivered a 25% rise in net income to EGP 7.5 bn in FY2017 on revenues of EGP 14.9 bn (up 32% y-o-y). In comment on the results, management noted that the bank delivered \u201cstrong growth across\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":628137,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/cib-becomes-the-first-me-company-to-feature-in-london-business-school-case-study\/","url_meta":{"origin":644966,"position":3},"title":"CIB becomes the first ME company to feature in London Business School case study","author":"enterpriseam admin","date":"26 June 2018","format":false,"excerpt":"CIB is the first Mideast corporation to feature in a London Business School case study: Our good friends and sponsors at CIB have become the first Middle East corporation to feature in a case study by the London Business School. To mark the occasion, CIB Chairman Hisham Al Arab recently\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\/2018\/6\/343.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":647856,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/business-news-names-cib-its-bank-of-the-year\/","url_meta":{"origin":644966,"position":4},"title":"Business News names CIB its bank of the year","author":"enterpriseam admin","date":"22 May 2017","format":false,"excerpt":"CIB named Egypt\u2019s 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\u2019s subcategories, CIB followed National Bank of Egypt in\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":647528,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/","url_meta":{"origin":644966,"position":5},"title":"CIB plans to expand in Africa","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"Is CIB eyeing expansion into Africa? CIB\u2019s board of directors discussed and approved a plan in principle to expand internationally to African markets, according to a regulatory filing. The board also tasked the bank\u2019s management to assess the required procedures and implement an action plan. 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