CIB cops Euromoney’s award of Middle East’s Best Bank for Corporate Responsibility

CIB cops Euromoney’s award of Middle East’s Best Bank for Corporate Responsibility
13 / 09 / 2019
By Marwa Nassar - -
CIB copped the Middle East’s Best Bank for Corporate Responsibility award of Euromoney in view of its collective investment in corporate and social development.

The CIB strategy is heavily intertwined with core values that serve all stakeholders,  customers,  employees, and the communities which the bank serves.

The report presented to Euromoney highlighted CIB’s commitment to these values, most importantly, how the bank fosters diversity and inclusion, the impact that the bank’s operations have on its surrounding environment and community, CIB people’s professional development and of course, it’s unmatched ethical business conduct.

On the bank’s diversity and inclusion front, CIB is proud to be the first out of 230 companies in Africa and the Arab world to be included in Bloomberg’s 2019 Gender Equality Index (GEI).

The bank makes sure that diversity is spelt across all of its programs and efforts, some examples of which are, providing tailored training leadership programs for women, micro lending to enable prospective businesswomen, ensuring the accessibility of CIB branches, installing talking ATMs and trained personnel to serve customers with special needs.

As a highly conscious bank, CIB is also proud to dedicate its resources to managing its ecological footprint since 2014 despite its significant expansion.The bank has adopted global standards to improve the use of energy and water, reduce carbon footprint and waste management systems.

When sharing its community impact, the bank poured special focus on the CIB Foundation and its efforts to benefit underprivileged children, with the help of CIB employees who volunteer regularly to benefit patients of all types. Other initiatives also include supporting the Egyptian Advance Society for Autism, especially through its partnership with the Ministry of Social Solidarity and the “AUC Venture Lab Fintech Accelerator”.

Finally, and most importantly, integrity is the primary pillar of the CIB culture, where the bank utilizes best practices, frameworks and whistleblowing policies to emphasize its reputation as a corporate leader on all fronts.

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