Commercial International Bank – Ratings and Outlook Affirmed

20 May 2026

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Commercial International Bank (CIB or the Bank) at ‘B’ and ‘B’, respectively. At the same time, CI Ratings has affirmed CIB’s Bank Standalone Rating (BSR) of ‘b’, Core Financial Strength (CFS) rating of ‘bb+’ and Extraordinary Support Level (ESL) of Moderate. The Outlook for the ratings remains Stable.

The Bank’s BSR is derived from a CFS rating of ‘bb+’ and an Operating Environment Risk Anchor (OPERA) of ‘b’. Although the ESL is Moderate, there is no uplift for the BSR, as the latter is already at Egypt’s sovereign rating level. CIB’s LT FCR remains constrained by the ratings assigned to the sovereign. Egypt’s operating environment risk reflects its high sovereign risk profile.

CIB is the largest listed Egyptian entity and private sector bank,…