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Commercial International Bank Egypt SAE (COMI.CA)

COMI.CA on Cairo Stock Exchange

76.20EGP
4:51am EDT
Change (% chg)

£0.58 (+0.77%)
Prev Close
£75.62
Open
£75.85
Day's High
£76.45
Day's Low
£75.21
Volume
122,026
Avg. Vol
1,041,884
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£82.29
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£39.31

Latest Key Developments (Source: Significant Developments)

Commercial International Bank Egypt completes transfer of CICH'S shares to investors
Monday, 20 Mar 2017 04:02am EDT 

Commercial International Bank Egypt : Completes transfer of 74.75 percent of CI Capital Holdind shares to investors for EGP 710.2 million Source: (http://bit.ly/2nIOslE) Further company coverage: [COMI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Commercial International Bank Egypt says Hussein Abaza appointed chief executive officer
Tuesday, 14 Mar 2017 11:26pm EDT 

Commercial International Bank Egypt SAE : Hussein Abaza has been appointed chief executive officer of the bank .Amr El Ganainy will assume the role of acting CEO Institutional Banking pending regulatory approvals.  Full Article

Egypt's CIB gets EFSA nod for sale of stake in CI Capital
Thursday, 2 Mar 2017 03:00am EST 

Commercial International Bank Egypt : Egyptian Financial Supervisory Authority (EFSA) grants non-objection on co's deal with investors concerning stake sale in CI Capital . Reviewing EFSA's non-objection and studying final deal structure with investors Source: (http://bit.ly/2mc44zY) Further company coverage: [COMI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Egypt's CIB reports consolidated Q4 net profit of 1.55 bln Egyptian pounds
Tuesday, 31 Jan 2017 04:11pm EST 

Commercial International Bank Egypt Sae : Commercial International Bank Egypt SAE reports fourth-quarter 2016 consolidated revenue of EGP 3.12 bln and net income of EGP 1.55 bln -statement . Q4 consol net interest income EGP 2.95 billion versus EGP 2.21 billion year ago . As at end-dec 2016, capital adequacy ratio 10.7 percent versus 12.7 percent year ago . Q4 consol net profit EGP 1.55 billion versus EGP 1.15 billion year ago Source: http://bit.ly/2knVJJ8 Further company coverage: [COMI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Commercial International Bank appoints Ahmed Issa as CEO for retail banking sector
Tuesday, 10 Jan 2017 02:00am EST 

Commercial International Bank Egypt : Appoints Ahmed Issa as CEO for retail banking sector Source: (http://bit.ly/2idoaqY) Further company coverage: [COMI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Commercial International Bank Egypt sells CI Capital for EGP 683.4 mln
Saturday, 3 Dec 2016 11:39pm EST 

Commercial International Bank Egypt : Signs deal with group of non-related Egyptian and Gulf investors for sale of 71.94 percent stake in CI Capital at EGP 683.4 million Source: (http://bit.ly/2gAY156) Further company coverage: [COMI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Commercial International Bank Egypt says in talks to sell 70-80 pct stake in CI Capital
Wednesday, 30 Nov 2016 08:00am EST 

Commercial International Bank Egypt SAE : Number of Egyptian and Gulf investors expressed interest in acquiring 70-80 percent of CI Capital Holding Company . Says bank will maintain remaining stake in CI Capital Source: (http://bit.ly/2gJzQhG) Further company coverage: [COMI.CA] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF-Egypt's CIB posts Q3 2016 net profit of 1.71 billion Egyptian pounds
Thursday, 10 Nov 2016 01:53am EST 

Corrects Q3 2015 net profit figure.Commercial International Bank Egypt Sae : Reports Q3 2016 net profit of 1.71 billion Egyptian pounds ($100 million), up 28 percent from 1.33 billion pounds (not 1.464 billion) in Q3 2015. . Reports Q3 2016 revenues of 2.868 billion Egyptian pounds, up 11 percent from 2.575 billion pounds in Q3 2015. Further company coverage: [COMI.CA] (Reporting by Ahmed Aboulenein) ((ahmed.aboulenein@thomsonreuters.com;)) Keywords: (CORRECTED).  Full Article

Egypt's CIB reports Q2 net profit of 1.46 billion Egyptian pounds
Wednesday, 9 Nov 2016 04:03pm EST 

Commercial International Bank Egypt Sae : Reports Q2 2016 net profit of 1.464 billion Egyptian pounds ($86.37 million), up 28 percent from 1.292 billion pounds in Q2 2015. . Reports Q2 2016 revenues of 2.7 billion Egyptian pounds, up 20 percent from 2.33 billion pounds in Q2 2015. Further company coverage: [COMI.CA] ($1 = 16.9500 Egyptian pounds) (Reporting by Ahmed Aboulenein) ((ahmed.aboulenein@thomsonreuters.com;)).  Full Article

Egypt's CIB posts Q1 net profit of $146.4 mln
Wednesday, 29 Jun 2016 11:29am EDT 

Commercial International Bank Egypt Sae : Posts 2016 first-quarter net profit of 1.3 billion Egyptian pounds ($146.4 million) compared to 1.1 billion in 2015. .Posts 2016 first-quarter net interest income of 2.3 billion Egyptian pounds compared to 1.9 billion in 2015..  Full Article

More From Around the Web

Egypt's CIB completes $40 mln sale of investment banking unit

CAIRO, March 20 Egypt's largest listed bank CIB said on Monday it had finalised the sale of a near 75 percent stake in its investment banking arm to a consortium of local and foreign investors in a deal worth 710.2 million Egyptian pounds ($39.5 million).