CIB
Egypt’s stock exchange approves CIB $300 million capital increase
Business
February 18, 2015
Egypt’s stock exchange approves CIB $300 million capital increase
Egypt's stock exchange said on Wednesday it had approved a request by Commercial International Bank (CIB) to raise its capital…
Beltone: CIB 2013 4th quarter earnings miss estimates
Business
February 12, 2014
Beltone: CIB 2013 4th quarter earnings miss estimates
Beltone Financial stated that Commercial International Bank (CIB) earnings were 11 percent short of their estimate on higher-than-expected provisions, yet…
Stocks hit 9-day high as violence abates
Business
February 12, 2013
Stocks hit 9-day high as violence abates
Egyptian stocks recorded their highest gains in nine days on Tuesday after protests marking the resignation of former President Hosni…
Central bank offers US$75 mln at 2nd currency auction
Business
December 31, 2012
Central bank offers US$75 mln at 2nd currency auction
Egypt's central bank said it was offering to sell US$75 million to banks on Monday at its second foreign currency…
CIB: Banks have the right to question sources of donations
Egypt
November 1, 2011
CIB: Banks have the right to question sources of donations
Laws relating to the Central Bank of Egypt give financial entities working in the banking sector the right not to…
CIB gives loan to new food transport company in Egypt
Business
October 24, 2011
CIB gives loan to new food transport company in Egypt
Egypt’s largest publicly traded lender, Commercial International Bank (CIB), signed an LE86 million loan agreement on 23 October with two…
Mobinil may raise funds via bond or loan
Business
October 26, 2010
Mobinil may raise funds via bond or loan
Mobinil, which leads the Egyptian mobile market by subscriber numbers, said on Tuesday it could raise funds to finance expansion…
EGX30 up 1%
Business
June 17, 2010
EGX30 up 1%
Egypt's main index, EGX30, rose by 1 percent after intensive buying by local and Arab investors, while foreigners largely sold…