Knowledge (XXG)

Commercial International Bank

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38: 204:(51%) and Chase Manhattan Bank (49%) under the name "Chase National Bank of Egypt". In 1987, after Chase Bank’s decision to sell its share of the shares, the National Bank of Egypt established an increasing in its stake to 99.9%, and the bank’s name was changed to "Commercial International Bank – Egypt." The National Bank of Egypt's share continued to decline through several public offerings, to reach 18.7%. In 2006, a consortium led by 29: 211:
In March 2014, Actis sold part of its stake in the bank amounting to 2.6%. The sale was made through the Egyptian Stock Exchange to a group of several portfolio managers and international investment funds. In May of the same year, Actis sold its remaining 6.5% stake in the bank's capital to Fairfax
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Holding Company for Financial Services, and in late 2015 the Commercial International Bank acquired the shares of Citibank – Egypt through the Egyptian Stock Exchange and included all of its branches in its management. in April 2022
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acquired the share of the National Bank of Egypt. In July 2009, Actis purchased a 9.1% stake in Commercial International Bank, thus becoming the largest single shareholder in the bank's capital.
419: 414: 213: 424: 372: 270: 245: 404: 409: 297:"CIB discusses advancing sustainable finance in Egypt and the road to COP 27 in 'Net Zero Delivery Summit'" 225: 201: 189: 205: 142: 83: 322: 37: 42: 181: 72: 146: 398: 216:— one of Abu Dhabi's sovereign funds acquired a stake in the bank worth $ 911.457m. 200:
The Commercial International Bank was established in 1975, with joint ownership by
347: 28: 118: 112: 192:, one of the largest banks in the Egyptian private sector. 160: 373:"ADQ acquires stake in CIB with a value of $ 911.457m" 271:"CIB announces "Growing Together" Initiative winner" 155: 135: 125: 107: 89: 78: 68: 50: 323:"Commercial International Bank - Egypt (COMI)" 8: 58: 56: 21: 36: 27: 20: 420:Companies listed on the Egyptian Exchange 237: 415:Egyptian companies established in 1975 7: 185: 59: 14: 131:Hussein Abaza (CEO and chairman) 22:Commercial International Bank CIB 1: 174:Commercial International Bank 95:; 49 years ago 441: 57: 35: 26: 425:Companies in the EGX 30 226:List of banks in Egypt 202:National Bank of Egypt 186:البنك التجاري الدولي 60:البنك التجاري الدولي 246:"Mr. Hussein Abaza" 206:Ripplewood Holdings 23: 84:financial services 171: 170: 432: 389: 388: 386: 384: 377:Daily News Egypt 369: 363: 362: 360: 358: 344: 338: 337: 335: 333: 319: 313: 312: 310: 308: 293: 287: 286: 284: 282: 275:Daily News Egypt 267: 261: 260: 258: 256: 242: 187: 167: 164: 162: 103: 101: 96: 64: 63: 62: 61: 43:New Borg El Arab 40: 31: 24: 440: 439: 435: 434: 433: 431: 430: 429: 405:Egyptian brands 395: 394: 393: 392: 382: 380: 379:. 12 April 2022 371: 370: 366: 356: 354: 346: 345: 341: 331: 329: 321: 320: 316: 306: 304: 295: 294: 290: 280: 278: 269: 268: 264: 254: 252: 244: 243: 239: 234: 222: 198: 159: 151: 128: 121: 115: 99: 97: 94: 73:Private company 53: 46: 17: 12: 11: 5: 438: 436: 428: 427: 422: 417: 412: 410:Banks of Egypt 407: 397: 396: 391: 390: 364: 339: 314: 288: 262: 236: 235: 233: 230: 229: 228: 221: 218: 197: 194: 169: 168: 157: 153: 152: 150: 149: 147:Retail banking 139: 137: 133: 132: 129: 126: 123: 122: 117: 111: 109: 105: 104: 91: 87: 86: 80: 76: 75: 70: 66: 65: 54: 51: 48: 47: 41: 33: 32: 15: 13: 10: 9: 6: 4: 3: 2: 437: 426: 423: 421: 418: 416: 413: 411: 408: 406: 403: 402: 400: 378: 374: 368: 365: 353: 349: 343: 340: 328: 327:mubasher info 324: 318: 315: 303:. 31 May 2022 302: 298: 292: 289: 277:. 8 June 2022 276: 272: 266: 263: 251: 247: 241: 238: 231: 227: 224: 223: 219: 217: 215: 209: 207: 203: 195: 193: 191: 190:Egyptian bank 183: 179: 175: 166: 158: 154: 148: 144: 141: 140: 138: 134: 130: 124: 120: 114: 110: 106: 92: 88: 85: 81: 77: 74: 71: 67: 55: 49: 44: 39: 34: 30: 25: 19: 16:Egyptian bank 381:. Retrieved 376: 367: 355:. Retrieved 351: 348:"Who we are" 342: 330:. Retrieved 326: 317: 305:. Retrieved 300: 291: 279:. Retrieved 274: 265: 253:. Retrieved 249: 240: 210: 199: 177: 173: 172: 108:Headquarters 82:Banking and 69:Company type 18: 52:Native name 45:city Branch 399:Categories 232:References 127:Key people 352:cibeg.com 250:cibeg.com 143:Financing 357:10 April 255:10 April 220:See also 188:) is an 136:Services 79:Industry 196:History 156:Website 98: ( 90:Founded 383:8 June 332:8 June 307:8 June 281:8 June 182:Arabic 163:.cibeg 301:zawya 119:Egypt 113:Cairo 385:2022 359:2022 334:2022 309:2022 283:2022 257:2022 165:.com 100:1975 93:1975 214:ADQ 178:CIB 176:or 161:www 401:: 375:. 350:. 325:. 299:. 273:. 248:. 184:: 145:, 116:, 387:. 361:. 336:. 311:. 285:. 259:. 180:( 102:)

Index



New Borg El Arab
Private company
financial services
Cairo
Egypt
Financing
Retail banking
www.cibeg.com
Arabic
Egyptian bank
National Bank of Egypt
Ripplewood Holdings
ADQ
List of banks in Egypt
"Mr. Hussein Abaza"
"CIB announces "Growing Together" Initiative winner"
"CIB discusses advancing sustainable finance in Egypt and the road to COP 27 in 'Net Zero Delivery Summit'"
"Commercial International Bank - Egypt (COMI)"
"Who we are"
"ADQ acquires stake in CIB with a value of $ 911.457m"
Categories
Egyptian brands
Banks of Egypt
Egyptian companies established in 1975
Companies listed on the Egyptian Exchange
Companies in the EGX 30

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