# CIB (Commercial International Bank Egypt)

> Source: https://docs.barcoder.ai/docs/wallets/cib-egypt
> research date 2026-05-29 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [CIB Egypt — official](https://www.cibeg.com/)

## Overview

**Commercial International Bank (CIB) Egypt** is **Egypt's leading and largest private-sector bank** <sup>[1][1], [2][2], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>. **CIB Mobile Banking App** = CIB's flagship Egyptian retail-banking mobile app.

**Distinctive CIB positioning** <sup>[1][1], [3][3]</sup>:
- **Egypt's leading and largest private-sector bank**
- **CIB Mobile Banking App** (iOS + Android) primary EG retail-banking channel
- **CIB Overseas Virtual Banking app** for Egyptians abroad — distinctive Egyptian-expatriate banking feature
- **EGX-listed (EGX: COMI)** — distinctive publicly traded Egyptian private bank

## History

**1975 — Chase National Bank (Egypt) founded** by Chase Manhattan Bank + National Bank of Egypt JV.

**1987 — Renamed Commercial International Bank (CIB) Egypt** post-Chase Manhattan exit + National Bank of Egypt acquisition of full stake.

**2006 — Ripplewood Holdings + various international investors acquire majority stake** from National Bank of Egypt — distinctive CIB privatization.

**2010s — Mass Egyptian retail + corporate banking digital expansion + CIB Mobile Banking App launch**.

**2024-2025 — Continued digital transformation + CIB Mobile Banking app updates** <sup>[1][1]</sup>.

## Ownership & operator

**Operating entity**: **Commercial International Bank (Egypt) S.A.E** (EGX: COMI).

**Major shareholders**: **Alpha Oryx Limited (CI Capital / Egyptian + Gulf investors) + Sawiris family + various Egyptian + international institutional + EGX public float**.

**Regulators**: **CBE (Central Bank of Egypt)** + **EGX (Egyptian Exchange)**.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | CIB Mobile Banking App (iOS + Android; primary EG retail-banking mobile channel) + CIB Overseas Virtual Banking app (for Egyptian expatriates) + CIB Online Banking + CIB cards (Visa + Mastercard + Meeza) + CIB branch network |
| **Identifiers** | Phone + email + card number + Egyptian ID |
| **EG rail** | **[Meeza QR](https://docs.barcoder.ai/docs/standards/meeza-qr)** (Central Bank of Egypt Meeza QR + Meeza card scheme; InstaPay national instant payment) |
| **License** | Bank (CIB full Egyptian banking license; Egypt's leading and largest private-sector bank) |
| **Sub-products** | CIB Account + CIB Cards + CIB Credit + CIB Investments + CIB Insurance + CIB Wealth Management + CIB for Business + CIB Premier Banking + CIB Smart Wallet (mobile money) + CIB Overseas Virtual Banking (for Egyptian expatriates) |
| **Distinctive CIB Overseas Virtual Banking app**: For Egyptian expatriates abroad |
| **Multi-country presence**: EG + KE + NG + AE + GB (regional + UK expansion) |

## Users & growth

**Baseline** <sup>[1][1], [3][3]</sup>:
- **Egypt's leading and largest private-sector bank**
- **EGX-listed** (EGX: COMI)
- **Multi-country presence**: EG + KE + NG + AE + GB
- **Specific 2025 CIB mobile app user numbers**: not publicly disclosed in current sources

## Use cases

Egyptian + multi-country retail + corporate + investment + wealth-management + insurance + premier banking via CIB Mobile Banking App + CIB Online + cards (Visa + Mastercard + Meeza) + branches; Meeza QR + InstaPay national instant payment Egyptian rails; CIB Smart Wallet (mobile money) + CIB Overseas Virtual Banking app (for Egyptian expatriates distinctive); multi-country (EG + KE + NG + AE + GB).

## Implementations & partners

**Operator**: **Commercial International Bank (Egypt) S.A.E** (EGX: COMI).

**Major shareholders**: **Alpha Oryx Limited (CI Capital / Egyptian + Gulf investors) + Sawiris family + Egyptian + international institutional + EGX public float**.

**Major Egyptian banking + fintech competitors**:
- **National Bank of Egypt (NBE)** (Egypt's largest state-owned bank)
- **Banque Misr** (Egypt state-owned bank)
- **Banque du Caire** (Egypt state-owned bank)
- **QNB ALAHLI (Qatar National Bank Egypt)** + **HSBC Egypt** + **Crédit Agricole Egypt** + **Abu Dhabi Islamic Bank Egypt** + **Faisal Islamic Bank** (EG banking competitors)
- **[Fawry](https://docs.barcoder.ai/docs/wallets/fawry)** (Egypt's leading payment platform; covered prior session)
- **[MNT-Halan](https://docs.barcoder.ai/docs/wallets/mnt-halan)** (Egypt fintech; covered prior session)
- **Telda** + **Lucky** + **[Khazna](https://docs.barcoder.ai/docs/wallets/khazna)** (Egypt fintechs; covered prior session)

**Regulators**: **CBE + EGX + per-country**.

## Fun facts

- **Egypt's leading and largest private-sector bank**.
- **1975 founding as Chase National Bank (Egypt)** by Chase Manhattan Bank + National Bank of Egypt JV.
- **1987 renamed Commercial International Bank (CIB) Egypt** post-Chase Manhattan exit.
- **2006 privatization** to Ripplewood Holdings + various international investors.
- **EGX-listed** (EGX: COMI) — distinctive publicly traded Egyptian private bank.
- **CIB Overseas Virtual Banking app** for Egyptians abroad — distinctive Egyptian-expatriate banking feature.
- **Multi-country presence**: EG + KE + NG + AE + GB.
- **Sawiris family** notable shareholder (Egyptian magnate family).
- **Alpha Oryx Limited (CI Capital / Egyptian + Gulf investors)** major shareholder.

## Comparison

| Feature | CIB Egypt | National Bank of Egypt (NBE; Egypt's largest state-owned bank rival) | [Fawry](https://docs.barcoder.ai/docs/wallets/fawry) (Egypt's leading payment platform rival; covered prior session) | [MNT-Halan](https://docs.barcoder.ai/docs/wallets/mnt-halan) (Egypt fintech rival) | Telda (Egypt neobank rival) |
|---|---|---|---|---|---|
| Operator | **Commercial International Bank (Egypt) S.A.E (EGX: COMI; Alpha Oryx Limited CI Capital / Egyptian + Gulf investors + Sawiris family + Egyptian + international institutional + EGX public float)** | National Bank of Egypt (Egyptian state-owned) | Fawry for Banking & Payment Technology Services (EGX) | MNT-Halan (private; Egypt fintech) | Telda (private; Egypt neobank) |
| Type | **Egypt's leading and largest private-sector bank + CIB Mobile Banking + CIB Overseas Virtual Banking app for Egyptian expatriates + 5 countries** | Egypt's largest state-owned bank | Egypt's leading payment platform | Egypt fintech + super-app | Egypt neobank |
| Country | EG + KE + NG + AE + GB | EG primary | EG primary | EG primary | EG primary |
| Users | **Egypt's leading and largest private-sector bank** | Egypt state-owned major | EG payment platform leader | EG fintech major | EG neobank |
| Distinctive | **1975 founding as Chase National Bank (Egypt) by Chase Manhattan Bank + National Bank of Egypt JV; 1987 renamed CIB post-Chase exit; 2006 privatization to Ripplewood Holdings + international investors; EGX-listed (distinctive publicly traded Egyptian private bank); CIB Overseas Virtual Banking app for Egyptian expatriates distinctive; multi-country EG + KE + NG + AE + GB; Sawiris family notable shareholder** | Egypt's largest state-owned bank | Egypt's leading payment platform | Egypt fintech super-app | Egypt neobank |

## Status

**Active, Egypt's leading and largest private-sector bank** <sup>[1][1], [2][2]</sup>:
- **Commercial International Bank (Egypt) S.A.E** (EGX: COMI) since 1975 (founded as Chase National Bank Egypt by Chase Manhattan + NBE JV); 1987 renamed CIB; 2006 privatization.
- **CIB Mobile Banking App + CIB Overseas Virtual Banking app** (for Egyptian expatriates distinctive).
- **Multi-country presence**: EG + KE + NG + AE + GB.
- **EGX-listed** (EGX: COMI) — distinctive publicly traded Egyptian private bank.
- **Alpha Oryx Limited (CI Capital / Egyptian + Gulf investors) + Sawiris family** major shareholders.
- **CBE + EGX + per-country regulated**.

## Sources

[1]: https://www.cibeg.com/ "CIB Commercial International Bank Egypt — official"
[2]: https://apps.apple.com/eg/app/cib-mobile-banking-app/id6618151705 "CIB Mobile Banking App — App Store"
[3]: https://www.cibeg.com/en/personal "Personal Banking — CIB Egypt"
[4]: https://www.cibeg.com/en/mobile-banking-new-gts "CIB Online Banking — CIB Egypt"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

- [1] [CIB Commercial International Bank Egypt — official][1]
- [2] [CIB Mobile Banking App — App Store][2]
- [3] [Personal Banking — CIB Egypt][3]
- [4] [CIB Online Banking — CIB Egypt][4]
- <sup>[Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup> In-corpus: `reports/countries/EG-egypt.md`

## Source

Biography extracted from [cib-egypt.md](https://docs.barcoder.ai/source/wallets/cib-egypt). See `matrix.md` for standards-support matrix if present.