SymbolCIBEY
NameCOMMERCIAL INTERNATIONAL BANK LTD.
SectorUNDEFINED
RegionAfrica
Industry-
Address2430 Egypt 21-23 Charles De Gaulle street Nile Tower Building
Telephone+20 237472000
Fax
Email
Websitehttp://www.cibeg.com/en
IncorporationEG
Incorporated On1975
Employees
Fiscal Year12/31
Public Since
ExchangesOTC
AuditorGrant Thornton LLP;Baker Tilly WM LLP;
Audit StatusAUDITED
Reporting StatusInternational Reporting: Egyptian Stock Exchange
CIK0001277234
Description

Commercial International Bank-Egypt (CIB) S.A.E. provides retail, corporate and investment banking services in various parts of Egypt through 209 branches and units employing 8195 employees on the statement of financial position date. Commercial International Bank-Egypt (CIB) S.A.E. was formed as a commercial bank under the investment law no. 43 of 1974 amended by law no. 32/1977 and its amendments The address of its registered head office is as follows: Nile tower, 21/23 Charles de Gaulle Street-Giza. CIB also operates two representative offices, one in Dubai and the other in Addis Ababa, boosting business further through these key market channels while capitalizing on the synergies inherent in CIBs business model as a means of driving value for clients. The Bank has three strategic subsidiaries: CIB Kenya Limited, Damietta Shipping Marine Services (DSMS), Commercial International for Finance Company (CIFC), in which CIBs shares are 100%, 49.95%, and 99.96% respectively. In addition to CIBs strategic subsidiaries, the Bank has direct ownership in three affiliates: Al Ahly Computer Equipment Company (ACE) and T.C.A Properties, in which it owns 39.33% and 37%, respectively..

Additional info from OTC:
Commercial International Bank-Egypt (CIB) S.A.E. provides retail, corporate and investment banking services in various parts of Egypt through 209 branches and units employing 8195 employees on the statement of financial position date. Commercial International Bank-Egypt (CIB) S.A.E. was formed as a commercial bank under the investment law no. 43 of 1974 amended by law no. 32/1977 and its amendments The address of its registered head office is as follows: Nile tower, 21/23 Charles de Gaulle Street-Giza. CIB also operates two representative offices, one in Dubai and the other in Addis Ababa, boosting business further through these key market channels while capitalizing on the synergies inherent in CIBs business model as a means of driving value for clients. The Bank has three strategic subsidiaries: CIB Kenya Limited, Damietta Shipping Marine Services (DSMS), Commercial International for Finance Company (CIFC), in which CIBs shares are 100%, 49.95%, and 99.96% respectively. In addition to CIBs strategic subsidiaries, the Bank has direct ownership in three affiliates: Al Ahly Computer Equipment Company (ACE) and T.C.A Properties, in which it owns 39.33% and 37%, respectively..

No news found.