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ADIB Egypt signs $50m Shariah-compliant Tier 2 financing deal

ADIB Egypt signs $50m Shariah-compliant Tier 2 financing deal

The financing deal has a duration of five years and is expected to be included in the bank’s second tier of the capital base
Commercial International Bank, IBM to integrate banking services

Egypt’s CIB secures $250 million from International Finance Corporation

The bank secured a 10-year $150 million Tier II facility to support its capital position as well as the expansion of its operations