Commercial International Bank Egypt (CIB)

Egypt’s largest private sector bank aims to address financial inclusion and improve access to finance for underserved communities. In February 2025 it closed the largest non-sovereign social sustainable sukuk issuance in Africa, for EGP 7 billion, to drive societal and economic change. (Sukuk, derived from the Arabic term for “financial certificates,” often refer to sharia-compliant bonds.) CIB seeks to address financial inclusion by joining Islamic finance principles with internationally recognized sustainability standards. The company features a replicable model that boosts financial inclusion across Egypt, Africa, and additional emerging markets. In November 2025 CIB partnered with fintech platform INVIA to accelerate the growth of small and medium-size enterprises in Egypt. The idea is to use automation to simplify financial management and ensure that SMEs gain the financial expertise necessary to grow their businesses.