{"id":647528,"date":"2017-05-14T04:01:27","date_gmt":"2017-05-14T04:01:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/"},"modified":"2017-05-14T04:01:27","modified_gmt":"2017-05-14T04:01:27","slug":"cib-plans-to-expand-in-africa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/","title":{"rendered":"CIB plans to expand in Africa"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Is CIB eyeing expansion into Africa?<\/strong> CIB\u2019s board of directors discussed and approved a plan in principle to expand internationally to African markets, according to <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%85%D8%AC%D9%84%D8%B3%20%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D9%89%2011-05-2017.pdf\">a regulatory filing<\/a>. The board also tasked the bank\u2019s management to assess the required procedures and implement an action plan. The disclosure did not specify which markets the bank is considering.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. The disclosure did not specify which markets the bank is [&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-647528","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"423329a4-87ab-4cfe-9d05-27396293770b","order":"0","is_powered_by":true,"section_story_id":"ce6ea068-11b0-4cb8-8f79-2c4225956362","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647518],"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 plans to expand in Africa - 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\/2017\/05\/14\/cib-plans-to-expand-in-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIB plans to expand in Africa\" \/>\n<meta property=\"og:description\" content=\"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. The disclosure did not specify which markets the bank is [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-14T04:01:27+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CIB plans to expand in Africa\",\"datePublished\":\"2017-05-14T04:01:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/\"},\"wordCount\":64,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/\",\"name\":\"CIB plans to expand in Africa - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-14T04:01:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CIB plans to expand in Africa\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CIB plans to expand in Africa - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/cib-plans-to-expand-in-africa\/","og_locale":"en_US","og_type":"article","og_title":"CIB plans to expand in Africa","og_description":"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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The bank, which is the country\u2019s fourth-smallest lender, focuses on high net worth individuals and the corporate\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":592778,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypts-cib-plans-to-acquire-a-stake-in-an-unnamed-kenyan-bank\/","url_meta":{"origin":647528,"position":2},"title":"Egypt\u2019s CIB plans to acquire a stake in an unnamed Kenyan bank","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"M&A WATCH- CIB plans to acquire a stake in a Kenyan bank: CIB\u2019s board of directors agreed in principle to acquire an undisclosed stake in an unnamed bank in Kenya, the company said in an EGX disclosure (pdf). The bank is waiting on the necessary approvals before moving ahead with\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\/2019\/2\/208.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645010,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/10\/impact-of-cib-on-egypt-cannot-be-understated-according-to-euromoney\/","url_meta":{"origin":647528,"position":3},"title":"Impact of CIB on Egypt cannot be understated, according to Euromoney","author":"enterpriseam admin","date":"10 July 2017","format":false,"excerpt":"Impact of CIB cannot be understated, according to Euromoney: CIB \u2014 the first bank in Egypt, the Middle East and Africa to win Euromoney\u2019s World\u2019s Best Bank in the Emerging Markets \u2014 has made a crucial impact on managing the social impact of political upheavals in Egypt over the past\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\/2017\/7\/364.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574881,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/24\/egypts-cib-taps-jp-morgans-jay-michael-baslow-as-non-exec-board-member\/","url_meta":{"origin":647528,"position":4},"title":"Egypt\u2019s CIB taps JP Morgan\u2019s Jay-Michael Baslow as non-exec board member","author":"enterpriseam admin","date":"24 September 2020","format":false,"excerpt":"MOVES- CIB has asked Jay-Michael Baslow (LinkedIn) to join its board of directors as a non-executive, independent member, the banksaid. 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