Emerging market private equity specialist Actis has reduced its stake in Commercial International Bank (CIB) – Egypt, according to Stock Market Wire. Actis sold a 2.6% stake in the company in the open market to a group of international investors. Actis acquired 9.1% of CIB, the leading bank in Egypt, in July 2009 - a transaction which made Actis the largest single shareholder in CIB.