Commercial International Bank - Egypt (CIB) News - Mubasher Info
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Commercial International Bank - Egypt (CIB) (COMI)

Last update: 3 March 02:29 PM market time.
71.26
-1.84
-2.52%
Open 73.10
Previous Close 73.10
High 72.50
Low 70.00
Stock Statistics
Volume 2,639,597
Turnover 188,545,392.00
All data are 15 minutes late during market session

News

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19 February 02:45 PM CIB obtains FRA’s nod for capital hike
Cairo – Mubasher: The Financial Regulatory Authority (FRA) granted its approval for the Commercial International Bank-Egypt (CIB) to increase the issued and paid-up capital to EGP 30.43 billion from EGP 30.19 billion. CIB aims to raise its issued …
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12 February 10:57 AM CIB’s consolidated profits jump to EGP 29.6bn in 2023
Cairo – Mubasher: The consolidated net profits of Commercial International Bank-Egypt (CIB) hiked to EGP 29.66 billion in 2023 from EGP 16.17 billion in 2022. CIB recorded year-on-year (YoY) higher net interest income at EGP 52.92 billion in 2023, …
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5 November 2023 09:49 AM CIB generates higher profits in 9M-23; consolidated assets exceed EGP 811bn
Cairo – Mubasher: Commercial International Bank-Egypt (CIB) recorded consolidated net profits attributable to the shareholders amounting to EGP 22.40 billion in the first nine months (9M) of 2023. The announced net profits were higher year-on-year …
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24 July 2023 10:15 AM CIB’s consolidated profits exceed EGP 14bn in H1-23
Cairo – Mubasher: The consolidated net profits after tax of Commercial International Bank-Egypt (CIB) reached EGP 14.05 billion during the first half (H1) of 2023, an annual hike from EGP 7.78 billion. The interim financial results showed that the …
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22 March 2023 11:59 AM CIB’s shareholders approve 2022 dividends, capital hike
Cairo – Mubasher: The general assembly meeting of Commercial International Bank-Egypt (CIB) decided to pay out a dividend of EGP 0.53 per share for 2022. A total of 2.99 billion shares will be eligible for the cash dividends that will be disbursed …
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14 February 2023 01:34 PM CIB logs EGP 16.17bn consolidated profits in 2022; capital raise proposed
Cairo – Mubasher: Commercial International Bank-Egypt (CIB) recorded consolidated net profits after tax worth EGP 16.17 billion in 2022, an annual growth of 22% from EGP 13.26 billion, including minority shareholders’ rights. Basic earnings per …
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6 February 2023 10:02 AM FRA nods to CIB’s capital hike by nearly EGP 204.5m
Cairo – Mubasher: Commercial International Bank-Egypt (CIB) has received the approval of the Financial Regulatory Authority (FRA) to proceed with the capital raise procedures.    CIB plans to increase its issued and paid-up capital by EGP 204.44 …
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1 February 2023 11:17 AM Etisalat Egypt inks EGP 4bn financing deal with CIB
Cairo – Mubasher: Etisalat Egypt by e& and the Commercial International Bank (CIB) penned a financing agreement worth EGP 4 billion to back the telecom firm’s expansion plans, according to a press release. Hazem Metwally, CEO of Etisalat Egypt, …
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29 January 2023 00:54 PM CIB fully acquires Kenya-based Mayfair CIB
Cairo – Mubasher: Mayfair CIB became a fully-owned subsidiary of the Commercial International Bank-Egypt (CIB) after the latter acquired the remaining 49% stake in the Kenya-based lender. In a bourse disclosure, CIB pointed out that the total …
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24 January 2023 09:45 AM CIB closes EGP 32bn worth of securitisation bond issuances in 2022
Cairo – Mubasher: The Commercial International Bank-Egypt (CIB) announced the closure of 11 securitisation and nominal bond issuances during 2022 worth more than EGP 32 billion, state-run MENA News Agency reported. The bonds covered different …
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11 January 2023 09:17 AM CIB offers new savings certificate with 22.5% return
Cairo – Mubasher: The Commercial International Bank-Egypt (CIB) launched a new savings certificate for a period of one and a half years with a fixed return in EGP, at a return rate of 20%, disbursed monthly, and 22.50% disbursed upon maturity, …
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10 January 2023 03:05 PM B.TECH, CIB conclude 1st securitised bond issuance worth EGP 1.04bln
Cairo - Mubasher: Egypt's B.TECH and the Commercial International Bank (CIB) announced the completion of securitisation bonds worth EGP 1.04 billion. The issuance consists of three tranches with tenors with different payment priorities, credit …
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24 November 2022 09:27 AM Tatweer Misr receives EGP 400m loan from CIB
Cairo – Mubasher: Tatweer Misr has obtained financing worth EGP 400 million from the Commercial International Bank-Egypt (CIB) against units of the Fouka Bay project’s handover.  The real estate developer will use the funding to speed up the …
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6 November 2022 10:29 AM CIB gains higher profits in 9M-22
Cairo – Mubasher: The consolidated net profits of Commercial International Bank-Egypt (CIB) registered EGP 12.19 billion during the first nine months (9M) of 2022, a jump from EGP 9.87 billion in the corresponding period in 2021. Basic earnings …
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24 October 2022 03:36 PM CIB, NBE close EGP 20bn securitisation bond issuance for NUCA
Cairo – Mubasher: The Commercial International Bank-Egypt (CIB), in collaboration with the National Bank of Egypt (NBE), has successfully closed El Taamir Securitization Company’s seventh bond issue with a value of EGP 20 billion. The bond issue …
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25 July 2022 04:04 PM CIB’s profits jump 28% in H1-22 results
Cairo – Mubasher: The Commercial International Bank-Egypt (CIB) has logged consolidated net profits after tax worth EGP 7.78 billion in the first half (H1) of 2022, an annual leap of 28% from EGP 6.08 billion, including minority interest. The net …
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17 April 2022 07:02 PM CIB’s consolidated profits soar 48% in Q1-22
Cairo – Mubasher: The Commercial International Bank-Egypt (CIB) has registered consolidated net profits after tax worth EGP 4.25 billion during the first quarter (Q1) of 2022, an annual jump of 48% from EGP 2.87 billion, including the minority …
13 April 2022 10:55 AM ADQ invests in listed companies in Egypt
Mubasher: ADQ, an Abu Dhabi-based investment and holding company, has entered into several transactions with listed companies in Egypt. ADQ has acquired stakes in Commercial International Bank (CIB), Fawry, Alexandria Container & Cargo Handling …
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12 April 2022 00:29 PM CIB witnesses $911m block deal
Cairo – Mubasher: The Egyptian Exchange (EGX) has announced a block trading deal worth $911.45 million on the shares of Commercial International Bank-Egypt (CIB). The deal was executed on 340.09 million of the bank's shares, according to a bourse …
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28 March 2022 11:31 AM CIB to distribute dividends for 2021, raise capital
Cairo – Mubasher: The ordinary general meeting (OGM) of the Commercial International Bank-Egypt (CIB) has approved a cash dividend distribution of EGP 1.35 per share for 1.98 billion shares. The ex-dividend date was set on 4 April 2022, and the …
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22 February 2022 11:49 AM CIB records 30% higher profits in 2021; dividends proposed
Cairo – Mubasher: The consolidated net profits of the Commercial International Bank-Egypt (CIB) jumped by 30% to EGP 13.27 billion in 2021, compared to EGP 10.24 billion in 2020, including minority shareholders' rights. The bank's net interest …
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5 December 2021 01:15 PM Invesco lowers stake in CIB for EGP 141m
Cairo – Mubasher: Invesco has decreased its stake in the Commercial International Bank-Egypt (CIB) to 4.98% from 5.12%. The company has sold 2.74 million shares in CIB in exchange for EGP 141.19 million or EGP 51.4 per share, according to a bourse …
The net interest income declined to EGP 18.15 billion
14 November 2021 00:33 PM CIB logs EGP 9.9bn profit in nine months
Cairo – Mubasher: The Commercial International Bank-Egypt (CIB) reported consolidated net profits of EGP 9.87 billion in the first nine months of 2021, up by 34.5% year-on-year (YoY) from EGP 7.34 billion, including minority shareholders' rights.  …
Various payment plans will be offered for delivered units
7 September 2021 03:25 PM CIB, SODIC ink protocol for mortgage finance
Cairo – Mubasher: The Commercial International Bank-Egypt (CIB) signed a protocol of cooperation with Six of October Development and Investment (SODIC) to provide mortgage finance programmes, the Middle East News Agency (MENA) reported on …
The two banks acted as lead managers and promoters
26 August 2021 01:17 PM NBE, CIB close EGP 585m securitised bond issuance for Aman
Cairo – Mubasher: A consortium, comprised of the National Bank of Egypt (NBE) and Commercial International Bank-Egypt (CIB), has closed a securitised bond issuance worth EGP 585 million for Aman Financial Services, a subsidiary of Raya Holding for …