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Commercial International Bank Egypt SAE (COMI.CA)

COMI.CA on Cairo Stock Exchange

75.37EGP
18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Egypt's CIB says UK Listing Authority approves listing of upto 1 bln additional GDR
Thursday, 28 Sep 2017 02:01am EDT 

Sept 28 (Reuters) - COMMERCIAL INTERNATIONAL BANK EGYPT ::SAYS UK LISTING AUTHORITY APPROVES PROSPECTUS OF LISTING AND ADMISSION OF UPTO 1 BILLION ADDITIONAL GLOBAL DEPOSITARY RECEIPTS.  Full Article

Egypt's SODIC signs EGP 270 mln credit facility with CIB
Wednesday, 30 Aug 2017 09:40am EDT 

Aug 30 (Reuters) - SIXTH OF OCTOBER DEVELOPMENT AND INVESTMENT CO ::SIGNS EGP 270 MILLION MID-TERM CREDIT FACILITY WITH EGYPT'S COMMERCIAL INTERNATIONAL BANK EGYPT .CREDIT FACILITY TO BE USED TO FINANCE OCTOBER PLAZA PROJECT.  Full Article

Egypt's CIB transfers 3.45 pct CICH's shares for EGP 44.9 mln
Thursday, 27 Jul 2017 09:12am EDT 

July 27 (Reuters) - COMMERCIAL INTERNATIONAL BANK EGYPT :TRANSFERS 3.45 PERCENT OF CI CAPITAL'S SHARES FOR EGP 44.9 MILLION, TO RETAIN MINORITY STAKE OF 10 PERCENT IN CI CAPITAL.  Full Article

Commercial International Bank reports Q2 consol net interest income EGP 2.96 bln versus EGP 2.27 bln year ago
Wednesday, 19 Jul 2017 03:25pm EDT 

July 19 (Reuters) - Commercial International Bank Egypt SAE ::Commercial International Bank reports record second-quarter 2017 consolidated revenue of EGP 3.55 billion and net income of EGP 1.83 billion.Q2 consol net profit after minority interest EGP 1.83 billion versus EGP 1.46 billion year ago.Commercial International Bank Egypt SAE - Q2 consol net interest income EGP 2.96 billion versus EGP 2.27 billion year ago.Commercial International Bank Egypt SAE - As at end-June 2017, capital adequacy ratio 15.61 percent versus 14.04 percent year ago.  Full Article

Egypt's CIB shareholders approve capital increase
Wednesday, 19 Jul 2017 04:28am EDT 

July 19 (Reuters) - Commercial International Bank Egypt ::Shareholders apporve issued and paid-up capital increase to EGP 14.52 billion from EGP 11.62 billion through bonus shares issue .Capital increase to be financed from general reserve .  Full Article

Egypt's CIB sells additional 9.99 pct stake in CI Capital
Wednesday, 5 Jul 2017 04:55am EDT 

July 5 (Reuters) - Commercial International Bank Egypt :Updates on partial stake sale in CI Capital Holding, transfers 9.99 percent of CI Capital Holding shares for EGP 101.4 million.To retain minority stake of 13.46 percent of CI Capital for time being.  Full Article

Egypt's CIB gets c.bank nod for Amr El Ganainy as CEO for institutional banking
Tuesday, 6 Jun 2017 03:41am EDT 

June 6 (Reuters) - Commercial International Bank Egypt ::Central Bank of Egypt approves appointment of Amr El Ganainy as CEO for institutional banking sector.  Full Article

Kuwait's Petrogulf restructures $25.2 mln debt
Monday, 5 Jun 2017 06:29am EDT 

June 5 (Reuters) - Gulf petroleum investment company ::Signs $25.2 million debt restructuring agreement with Egypt's CIB.Under agreement co to pay debt over 5 years period starting from Nov 2017.Current short-term debt liabilities will reduce by 94 percent to $1.4 million from $25.2 million.  Full Article

Commercial International Bank Egypt board approves bank's expansion into Africa
Thursday, 11 May 2017 03:45am EDT 

May 11 (Reuters) - Commercial International Bank Egypt ::Board approves bank's expansion into Africa, authorises management to take required measures.  Full Article

Commercial International Bank Egypt Q1 consol profit rises
Thursday, 11 May 2017 02:00am EDT 

May 11 (Reuters) - Commercial International Bank Egypt :Q1 consol net profit after minority interest EGP 1.73 billion versus EGP 1.29 billion year ago.Q1 consol net interest income EGP 2.78 billion versus EGP 2.27 billion year ago.Reports Q1 2017 consolidated revenue of EGP 3.32 billion and net income of EGP 1.73 billion.As at end-March 2017, capital adequacy ratio 14.5 percent versus 12.7 percent year ago.  Full Article

BRIEF-Commercial International Bank reports Q2 consol net interest income EGP 2.96 bln versus EGP 2.27 bln year ago

* Commercial International Bank reports record second-quarter 2017 consolidated revenue of EGP 3.55 billion and net income of EGP 1.83 billion