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"We note that past due but not impaired loans grew by 2.5x in 2013 to account for 6.2% of CIB's gross loans by the end of the year (2.3% in 2012).
CIB is well-placed to build on its 35-year track record in commercial banking and its powerful brand to expand further into the retail sector.
The event was attended by 60 guests, including representatives of specialist organisations, workers from Cardiff and the Vale councils, service users, optometrists and businesses which support the CIB.
The CIB is not a campaign badge or an award for service during war.
At the signing, Talha Karim, Head of Risk Management, Risk Group at CIB said "The implementation of the SAS Engine for Credit, Market, and Operational Risk is aligned with CIB's strategic ERM initiative with the objective of a holistic and forward-looking approach to Risk Management, coupled with a robust Risk Appetite and Risk Culture framework."
CIB's financial metrics are stronger and less volatile than peers.
Commercial International Bank (CIB), Egypt's leading financial institution, has set up CVentures, the first Corporate Venture Capital firm in Egypt primarily focused on investing in transformational FinTech startup companies, and next generation financial services platforms.
To achieve this, CVentures will combine the speed and agility of an independent investor with the breadth of the CIB's businesses, whilst continuously developing meaningful relationships with dynamic and insightful stakeholders involved in high-growth, disruptive technologies, and differentiated business models that compliment and intersect with the CIB's core businesses.
The CIB has requested that public administrations, municipalities and other governmental institutions provide the bureau with a list of their services, what documents are required from citizens to use different services, how much services cost and how long each process takes.
Summary: CIB Egypt brings next-generation digital services to corporate clients with Finastra
ARAB NEWS RIYADH: Abdulrahman bin Ibrahim Al-Hussayan, head of the Control and Investigation Body (CIB), said that the Saudi National Day represents the history of a struggle that established its foundations during the period of the late King Abdul Aziz, who united Saudis and established a modern state based on the Qur'an and the Sunnah of Prophet Muhammad (peace be upon him).
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