2010 - CIB

Our Mission. To provide the best financial solutions for our clients and create more value for our employees ...... management, and performance monitor- ing and ...
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ANNUAL REPORT 2010

A Year To Remember Facilitating growth in every sector...

CIB: An Introduction ........................................... 04 Chairman’s Note ................................................. 12 Board Of Directors’ Report ................................. 16 2010 In Review - Institutional Banking ................. 26 2010 In Review - Global Customer Relations....... 34 2010 In Review - Consumer Banking .................. 36 2010 In Review - COO Area ................................ 40 2010 In Review - Risk Management .................... 46 2010 In Review - Compliance ............................. 49 Strategic Subsidiaries ......................................... 52 Corporate Governance ....................................... 62 Executive Management ....................................... 68 Corporate Social Responsibility ........................... 72 Financial Statements ........................................... 76 Annual Report 2010

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Success Story

American University in Cairo

Educating Our Next Leaders Located in the heart of the Egyptian capital at Tahrir Square, and now at a new campus in New Cairo, the American University in Cairo (AUC) is an independent institution of higher learning offering some of the most prestigious undergraduate, graduate and research programs in the Arab world. As one of the Bank's preferred corporate clients, CIB provides AUC with a wide spectrum of standard and customized banking services. CIB has been a partner to AUC since 1993. Over the years, the two entities have developed a solid relationship strengthened by the Bank’s understanding of AUC’s unique financial needs and its ability to address those needs using innovative tailored solutions. In addition to managing the university's payroll and cash management, CIB devised a system that standardizes the reporting of tuition fees collected across its branch network. The success of this system has prompted

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Annual Report 2010

the use of the same mechanism to facilitate wider monitoring of the university’s receivables. Consistent with its “people-centric” philosophy, CIB is also responsible for many of the personal banking needs of AUC faculty and staff. In addition to offering them standard services and consumer products, the Bank has invested in tailoring a personal loan program that complements the university’s HR policy. Operating on both university campuses, CIB has become an integral part of the AUC community. By offering a wide range of conventional and tailored banking services, the Bank has helped enhance the university’s operational efficiency while simplifying the banking experience of the younger generations. CIB expects AUC to remain the preeminent institution of higher learning not just in Egypt, but also in the Middle East at large.

Annual Report 2010

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CIB: An Introduction A Snapshot Of Our Businesses Corporate Banking CIB is widely recognized as the best corporate bank in Egypt and is committed to being recognized as one of the best banks in the region, serving industry-leading corporate clients as well as small- and medium-sized businesses. Debt Capital Markets CIB’s global product knowledge, local expertise and capital resources make the Bank an industry leader in project finance, syndicated loans and structured finance in Egypt. CIB’s project finance and syndicated loans teams provide large borrowers with better market access and greater ease and speed of execution. Consumer Banking CIB registered considerable progress in 2010 as it continues to build a full-service, world-class consumer bank. We offer a wide array of consumer banking products, including:

What We Do Commercial International Bank (CIB) is the leading private sector bank in Egypt, offering a broad range of financial products and services to its customers which include enterprises of all sizes, institutions, households and high net worth (HNW) individuals. In additi