Cairo International Bank

Cairo International Bank (CIB) is a commercial bank in Uganda. It is one of the financial institutions licensed by the Bank of Uganda, the central bank and national banking regulator.[2]

Cairo International Bank Limited
Private
IndustryFinancial Services
Founded1995 (1995)
HeadquartersPlot. 30, Kampala Road
Kampala, Uganda
Key people
Mourad Mahmoud Eissa,
Ag. Managing Director
ProductsLoans, checking, savings, investments, debit Cards
RevenueAftertax: USh2.8 billion (USD:750,000) (2019)[1]
Total assetsUSh189 billion (USD:50 million) (2019)[1]
Number of employees
150+ (2018)
WebsiteHomepage

Location

The headquarters of the bank, and its main branch are located in Greenland Towers, at 30 Kampala Road, in the central business district of Kampala, Uganda's capital city.[3] The geographical coordinates of the bank's headquarters are:0°18'48.0"N, 32°34'48.0"E (Latitude:0.313333; Longitude:32.580000).[4]

Overview

Cairo International Bank Limited (CIB) is a financial service provider licensed by the central Bank of Uganda, focusing on serving small and medium businesses (SMEs), educational institutions, non-governmental organisations and corporate entities. As of December 2019 the total assets of CIB were valued at USh189 billion (US$50 million) with shareholders' equity of USh52.3 billion (US$13.9 million).[1] Cairo International Bank Limited (CIB) was incorporated in Uganda in 1995. It began operations in 1995, after receiving a commercial banking license from the Bank of Uganda.[5]

Ownership

Cairo International Bank is a joint venture between several Egyptian banks and businesses, including: Banque Du Caire, Bank Misr and National Bank of Egypt.[6]

Cairo International Bank Stock Ownership
RankName of OwnerPercentage Ownership
1Banque Du Caire62.4
2Bank Misr24.0
3National Bank of Egypt13.6
Total100.00

Branch network

Cairo International Bank has its headquarters in Greenland Towers at 30 Kampala Road, Kampala, Uganda's capital city. As of May 2018, the bank maintained the following branches:[7]

  1. Main Branch: Plot 30 Kampala Road, Kampala
  2. Kikuubo Branch: Kikuubo Road, Kampala
  3. Bugoloobi Branch: Spring Road, Bugoloobi, Kampala
  4. Kabalagala Branch: Ggaba Road, Kabalagala, Kampala
  5. Bweyogerere Branch: Bweyogerere, Kira Town
  6. Kapeeka Branch: Kapeeka, Nakaseke
  7. Mbarara Branch: Mbarara, Mbarara
  8. Garden City Branch: Garden City Shopping Mall, Kampala.

Management board

CIB is governed by a seven-person board of directors. Justice Lameck Mukasa serves as the Chairman. Mourad Mahmoud Eissa is the Acting Managing Director.[8]

See also

References
  1. Ashita Chopra (30 April 2020). "Banks Post Mixed Results". Daily Monitor. Kampala. Retrieved 30 April 2020.
  2. Bank of Uganda (31 March 2017). "List of Licensed Commercial Banks As At 31 March 2017" (PDF). Kampala: Bank of Uganda. Retrieved 17 July 2019.
  3. Cairo International Bank (28 April 2018). "Summarised Financial Statements For The Year Ended 31 December 2017" (PDF). New Vision. Kampala. Retrieved 17 July 2019.
  4. Google (17 July 2019). "Location of Headquarters and Main Branch of Cairo International Bank, Uganda" (Map). Google Maps. Google. Retrieved 17 July 2019.
  5. Bloomberg (17 July 2019). "Company Overview of Cairo International Bank". Bloomberg Research. New York City. Retrieved 17 July 2019.
  6. Cairo International Bank (2 May 2014). "Cairo International Bank: About Us" (Archived from the original on 2 May 2014). Kampala: Cairo International Bank. Retrieved 17 July 2019.
  7. Cairo International Bank (2 May 2014). "Branches of Cairo International Bank" (Archived from the original on 2 May 2014). Kampala: Cairo International Bank. Retrieved 17 July 2019.
  8. Afri Money Finance (2018). "Management Team of Cairo International Bank". Dakar, Senegal: Afrimoneyfinance.com. Retrieved 30 April 2020.
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