The CIBG team comprises of highly skilled and experienced professional who have a vast and successful track record of professional competence and excellence.

CIBG team strives to understand customers’ needs and build comprehensive and innovative Sharia’h compliant solutions which cater to the client’s unique business requirements.

PERFORMANCE OF CIBG
During the short span of two and a half years, CIBG has successfully concluded diversified projects. CIBG team is focused towards the development of Shariah compliant structures which help meet the diverse financial needs of its clients. It has also established the first ever pure Musharaka based GOP guaranteed SLR Sukuk issue in addition to various other innovative financial solutions. Besides regular Diminishing Musharaka, Ijarah Murabaha, Musharaka, Shariah compliant derivative transactions, CIBG has worked on unique / transactions some of which are:

• First ever Shirkat-ul-Aqd based Sukkus
• First ever Musawamah based Transaction in the history of Islamic Banking in Pakistan
• Islamic Export Refinance for export of a large Sugar Mill
• Hybrid structured transactions in the energy, Oil & Gas and Food & Agriculture Sectors

The spectrum of activities under the umbrella of Corporate & Investment Banking Group (CIBG) includes Structured Corporate Finance, on shelf products, Financial Advisory Services & Capital Market.

• CIBG Products and Services

The core business of Financial institutions department (FIs) is to develop & maintain relationships with other local & international Financial Institutions & form a liaison between Treasury & other Financial Institutions.  The activities of FI and treasury are interdependent. FI takes approval of credit lines for Treasury, this helps the Bank to keep the cost of funds under control & manage the liquidity of the bank. The department’s effective liaison with major banks and FIs provide clean credit lines and confirm EGIBL’s LCs. FI also executes Islamic Derivative Transactions which result in cost effective liquidity generation for the bank

Corporate Deposit Desk This desk plays a significant role in effectively communicating with the bank’s country wide  branch network for providing foreign exchange sale and purchase services and to respond to their inquiries. It also provides competitive profit rates to valued non-core deposits. 

Foreign Exchange Desk This Desk focuses on fulfilling the foreign exchange requirements of EGIBL customers and clients along with covering all foreign currency transactions including those related to NOSTRO accounts.

Money Market Desk This head is responsible for Inter-Bank Murabahah Transactions and is an active player in the inter-bank call market. The Money Market Products include:

• Commodity Murbahah: To apply the liquidity in the inter bank market.
• Wakalah Investment: To transact between Islamic Banks and Conventional Banks