Commerciële Internationale Bank (CIB) (2024)

") }); $(window).on('hashchange', do_hashchange); //do_hashchange(); $('.menu .item').on('klik', function(e) { if ($( this).closest('.menu').attr('rel') == 'main') {// if( $('#onmobile:visible').length ) // set_hash_value({main: $(this) ).data('container')}); // else set_hash_value({ main: $(this).data('container'), popover: 'none' }) } else if ($(this).closest(' .menu').attr('rel') == 'popover') {// if($('#onmobile:visible').length) // { // if($(this).hasClass('geselecteerd ')) // mobile_popovers[$(this).data('container')] = 0; // else // mobile_popovers[$(this).data('container')] = 1; // po = [] // for(var i in mobile_popovers) // if(mobile_popovers[i]) po.push(i); // if(po.length==0) // set_hash_value({popover: 'none'}) // else // set_hash_value({popover: po.join(',')}) // } // else // { if (!$(this).hasClass('selected')) set_hash_value({ popover: $(this ).data('container') }) // } $('body').removeClass('rechts geopend'); e.stopPropagation(); } })})var didmaindraw = false;function do_hashchange() { $('#right').scrollTop(0) var hash_options = get_hash_values(); if (hash_options.popover === 'geen') hash_options.popover = 'ongeveer'; for (var i in hash_options) { if (!(i == 'main' || i == 'popover')) continue; if (typevan hash_current[i] === 'niet gedefinieerd' || hash_options[i] != hash_current[i]) { var c = hash_options[i]; $('.menu[rel=' + i + ']>.item').removeClass('geselecteerd'); // if(i=='popover' && $('#onmobile:visible').length) // { // popovers = c.split(','); // mobile_popovers = {}; // $('.menu[rel=popover]>.item').each(function(){ // if($(this).next().hasClass('container')) // $(this) .next().hide(); // }) // for(var j in popovers) // { // console.log('popover: '+popovers[j]) // mobile_popovers[popovers[j]] = 1; // var _c = popovers[j]; // $('.menu[rel='+i+'] .item[data-container='+_c+']').addClass('geselecteerd'); // if($('#maincontent #content_'+i+' .container[data-container='+_c+']').length) // $('.container[data-container='+_c+']' ).insertAfter('.item[data-container='+_c+']') // $('.container[data-container='+_c+']').show(); // if(_c=='media') $('.prevideo').each(function(){ $(this).replaceWith( $(this).val() ); }); // } // } // anders // { $('.menu[rel=' + i + '] .item[data-container=' + c + ']').addClass('selected'); $('#maincontent #content_' + i + ' .container[data-container=' + c + ']').show(); $('#section_label .text').text($('.menu[rel=' + i + '] .item[data-container=' + c + ']').text()) // if( didmaindraw && $('#onmobile:visible').length) // $(window).scrollTop($('#maincontent #content_'+i+' .container[data-container='+c+']').offset ().boven - 6); if ($('#onmobile:visible').length && c != 'over' && c != 'start') { $('#image_logo,#left').addClass('hide') } else { $ ('#image_logo,#left').removeClass('hide') } setTimeout(function(_c, _i) { $('#maincontent #content_' + _i + '.container').not('[data-container =' + _c + ']').hide(); $('#maincontent #content_' + _i + ' .container[data-container=' + _c + ']').find('.dddot') . dotdotdot() }, 1, c, i); // } if (i == 'main') { if (!$('#onmobile:visible').length) $(window).scrollTop(0); } if (c == 'media') $('.prevideo').each(function() { $(this).replaceWith($(this).val()); }); } } // if($('#onmobile:visible').length) // { // $('#maincontent #content_main').show(); // $('#maincontent #content_popover').hide(); // } // else // { if (hash_options.popover == 'none') { $('#maincontent #content_main').show(); $('#maincontent #content_popover').hide(); $('#section_label .text').text('Over') } else { $('#maincontent #content_popover').show(); $('#maincontent #content_main').hide(); $('#maincontent #content_popover').css({ minHeight: parseInt($('#maincontent').css('min-height')) + 40 }) } // } hash_current = hash_options; didmaindraw = waar;}//do_hashchange();

As an expert with in-depth knowledge of the subject matter, I am well-versed in the financial industry, particularly banking institutions, and sustainability practices. My expertise extends to the Commercial International Bank (CIB) in Egypt, and I will provide comprehensive information on various concepts mentioned in the article.

Commercial International Bank (CIB) Overview:

Commercial International Bank (CIB) is a prominent financial institution headquartered in Cairo, Egypt. Established in 1975 as the 'Chase National Bank of Egypt,' it underwent a name change to Commercial International Bank in 1987. The National Bank of Egypt initially held a majority share (99.9%) after Chase Manhattan Bank divested its equity stake in 1987. However, as part of a privatization strategy in 1993, CIB launched a public share issue, reducing the National Bank of Egypt's stake to 43%.

Key Information:

• CEO/Chair: Hussein Abaza (CEO and Managing Director)
• Supervisor: Central Bank of Egypt
• Ownership: Listed on the Egyptian Exchange (EGC)

Sustainability Commitments:

CIB is committed to various sustainability standards and initiatives. Some of the key voluntary standards it adheres to include:

1. Equator Principles: Pertaining to project finance, corporate social responsibility, and sustainable development.
2. Global Reporting Initiative: Focused on sustainable development and human rights.
3. Net-Zero Banking Alliance (NZBA): Addressing climate change, corporate social responsibility, energy, and energy plants.
4. Principles for Responsible Banking (PRB): Covering climate change, corporate social responsibility, finance, and sustainable development as per United Nations guidelines.
5. UNEP Finance Initiative: Aligned with the United Nations and sustainable development goals.

Bank Policies:

CIB's sustainability commitments are reflected in its bank policies, with the latest update as of January 5, 2023.

Accountability and Grievances:

CIB, as an Equator Principles signatory, does not operate a formal complaints or grievances channel for individuals or communities affected by the bank's financing. However, complaints related to Equator Principles projects can be filed through an external website.

Human Rights Assessment:

BankTrack assessed CIB Egypt in its 2021 Human Rights Benchmark Africa, where it scored 2 points out of 14, ranking as a 'laggard' in terms of human rights performance.

Resources and Reports:

CIB regularly publishes annual reports, with the latest available as of December 20, 2023. These reports provide insights into the bank's financial performance, sustainability initiatives, and policies.

In conclusion, Commercial International Bank (CIB) in Egypt is a notable financial institution with a commitment to sustainability, adherence to global standards, and a focus on responsible banking practices.