The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Awards

Middle East's best bank for corporate responsibility 2019: Commercial International Bank

Awards for Excellence 2019

This year Egypt’s Commercial International Bank (CIB) wins best bank for corporate responsibility in the Middle East. 

Five years ago it began integrating sustainability into its daily operations and succeeded in reducing energy consumption by 40%. 

“We looked at how we manage our premises in terms of carbon footprint and waste management, and our consumption of energy and water,” says Mohamed Sultan, CIB’s chief operating officer. 

That prompted investment throughout 2018 and a reduction of water consumption by 40% over the year. CIB also mandates use of bio-degradable plastic bags and introduced an internal carpooling app. CIB also launched a green credit line and consumer financing for solar energy.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree