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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
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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.
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226:List of banks in Egypt
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186:البنك التجاري الدولي
60:البنك التجاري الدولي
246:"Mr. Hussein Abaza"
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355:. Retrieved
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348:"Who we are"
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330:. Retrieved
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108:Headquarters
82:Banking and
69:Company type
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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
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165:.com
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214:ADQ
178:CIB
176:or
161:www
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