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CIB partners with Lantern Ventures to boost SME growth

CIB teams up with Lantern Ventures to enhance SME growth, offering tailored financial and strategic support to empower Egypt's entrepreneurs.
25.05.25 | Source: Daily News Egypt



The Commercial International Bank (CIB) has entered into a strategic partnership with Lantern Ventures, a leading Egyptian investment portfolio management firm known for its active role in supporting start-ups and small and medium-sized enterprises (SMEs) across diverse sectors.





The agreement was signed by Ahmed Tarek, Co-founder of Lantern Ventures, and Yasser Abdallah, Executive Vice President of Retail Banking and SMEs at CIB. The signing ceremony was attended by Mohamed Farouk, Chairperson of Lantern Ventures; Amr El-Ganainy, Executive Vice President and Executive Board Member at CIB; and Hany El-Deeb, Head of Medium and Small Enterprise Credit Products, Sectors, and Relations at CIB.


This partnership aligns with CIB’s long-term strategy to strengthen the SME sector by offering both financial and non-financial services tailored to the specific needs of these businesses. The collaboration also emphasizes supporting companies that create positive societal and environmental impact.


Lantern Ventures provides a range of financial and strategic services to help start-ups scale efficiently and sustainably. The firm is dedicated to advancing local entrepreneurship, empowering business founders, and helping them overcome expansion challenges—especially in navigating new markets. Lantern also plays a key role in fostering Egypt’s innovation and tech ecosystem.



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