The award, presented by the Egyptian Exchange (EGX), underscores the CBE’s ongoing efforts to integrate environmental, social, and governance (ESG) standards into the nation’s banking sector.
The CBE said in a statement that the recognition reflects
tangible progress in aligning credit and financing policies with green economy
goals and the state’s sustainable development agenda.
The event was attended by high-ranking officials, including Dr.
Hussein Issa the Deputy Prime Minister for Economic Affairs, Mohamed Farid
Saleh the Minister of Investment and Foreign Trade, Ahmed Rostom the Minister
of Planning and Economic Development, Ahmed El-Sheikh the Chairman of the
Egyptian Exchange, and Hisham Ezz Al-Arab the CEO and Executive Board Member of
CIB.
CIB’s win highlights a broader shift in the Egyptian financial landscape toward responsible banking, according to the CBE, as the country seeks to attract more international climate-focused investment.