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CAIRO INTERNATIONAL BANK HISTORY |
Our origin, History /Home Banque du Caire and Kato Aromatic opened Cairo International Bank in Uganda in 1995. In .... strong State Banks, National Bank of Egypt , Bank of Alexandria and Bank Misr joinded to make the strong Cairo International Bank today.
Over the ten years of successful business, the financial institution has emerged one of the best commercial banks in Uganda...
Standing the test of time! This in our back ground, it lies in History of the share holders of CIB! They are masters of finance, economy and civilization as whole.
On Thursday 15/5/1952 - there was a decree by which an Egyptian societé Anonym named "Banque Du Caire S.A.E." Was established by business. Economical and law Egyptian Investors. That day will ever exist in the memory of Banque Du Caires employees and Customers.
National Bank of Egypt was established 1898 by the Egyptian government and started issuing banknotes for the first time on the 3rd of April 1899.
Since 86 years ago, the great Egyptian economist, Talaat Harb , came up with the concept of establishing a bank with a mission 86 years. He brought the idea into existence and presented it to the Egyptian society as a whole. This concept was based on investing national savings and directing them towards economic and social development, through this BANQUE MISR was established.
During the period from 1920 to 1960, BANQUE MISR established 26 companies in various economic fields, including spinning and weaving, insurance, transport, aviation and cinema. BANQUE MISR has continued to support all its activities at a steady rate to date BANQUE MISR is currently holding equities in 135 projects in various fields, aimed at serving the national economy. These projects include 14 joint venture banks, 44 industrial projects, 20 touristic projects, 22 housing projects, 19 food projects, 14 financial projects, in addition to 15 projects in the field of communication and information. BANQUE MISR has also established two of the largest investment funds in Egypt.
The role played by BANQUE MISR is evident in all economic fields, thanks to its geographic spread with several branches in Egypt and abroad and to its network of correspondents worldwide. BANQUE MISR is the pioneering bank in utilizing state-of-the-art technology for banking systems and services in Egypt. BANQUE MISR has a computing center, which is one of the largest in the Middle East, connecting most of its branches. The computer network extends to most branches in Egypt. In addition, BANQUE MISR has a large number of Automatic Teller Machines (ATMs) in most areas of Egypt.
BANQUE MISR has issued a large number of payment cards, in addition to the ATM card. In 1992 BANQUE MISR started a new service at the time, namely issuing Visa credit cards. Then BANQUE MISR has issued Mastercards, spreading this service throughout the country, in view of the wide spread of BANQUE MISR branches. BANQUE MISR has also adopted advanced technical methods to provide clients with this service, both for card holders and businesses contracted with BANQUE MISR to accept such cards. In addition, BANQUE MISR was the first Egyptian bank to issue ATM cards and provides banking service through automated channels |