Global Finance magazine announced its ninth annual list of the worlds best private banks for the year 2024, in

Global Finance,Global Finance magazine

Global Finance Announces Winners: Best Private Banks of 2024 Revealed

Commercial International Bank CIB  FirstBank
Commercial International Bank CIB

Global Finance magazine announced its ninth annual list of the world's best private banks for the year 2024, including the Commercial International Bank - Egypt, which received the "Best Private Bank in Egypt" award.

The editorial team of Global Finance selected the private banking winners based on inputs from executives and industry experts, as well as information provided by the banks and independent research evaluating a range of objective and subjective factors.

This year's Global Finance evaluations were based on financial performance from July 1, 2022, to June 30, 2023. Joseph Giarraputo, the founder and editor-in-chief of Global Finance, emphasized that private banking is an art and science, combining knowledge of economic and financial trends with a deep understanding of customer needs. He stated that Global Finance's Private Bank Awards highlight institutions that excel in both aspects.

The winning institutions will be honored at the annual Best Private Bank Awards ceremony organized by Global Finance at the Harvard Club in New York City's historic Biddle Room on March 21, 2024.