Citibank, Commercial International Bank (CIB)

Our Solution


In 2015, some of our team members led the sale of Citibank’s consumer portfolio in Egypt to Commercial International Bank (CIB).

This included the transfer of approximately 900 full-time consumer banking and contract employees, eight Citibank branches and the ATM network in Egypt.

This transaction marked a pioneering moment in the Egyptian banking market and was rated in 2016 by International Financial Law Review (IFLR) as the merger and acquisition ‘Deal of the Year’ in the Middle East.

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