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Commercial International Bank (Egypt) SAE (CIB) announced on February 23rd, 2026, that it received clearance from the Central Bank of Egypt (CBE). This clearance allows CIB to initiate the due diligence process on HSBC's retail banking portfolio.
| Date | 24 Feb 2026 |
| Time | 07:00:10 |
| Category | Miscellaneous |
| ID | 0458U |
 |
RELEASE
Cairo - February 23rd, 2026
CIB would like to announce that it received clearance from the Central Bank of Egypt (CBE) to start the due diligence process on HSBC's retail banking portfolio. It is worthy to highlight that there can be no assurance that this will result in any specific transaction, and it is possible that no transaction will occur. Accordingly, CIB will inform the market of any new material event that result from this process.
END OF RELEASE
Yasmine Hemeda
Head of Investor Relations
http://www.rns-pdf.londonstockexchange.com/rns/0458U_1-2026-2-23.pdf