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Share price 15 Apr 2009 20.28 dhs
Price/earnings (annualised)
Latest report CIB 2008 M9 report
Stock market Abu Dhabi Securities Exchange
Founding date 06 Apr 1975 Listing date 29 Nov 2004
Auditor KPMG Hazem Hassan, and E & Y Allied for Accounting & Auditing
Chairman of CIB Amen Hesham Eiz Al Arab
CEO of CIB Hisham Hassan (GM)
Foreign ownership limit Maximum 100%
Total shares outstanding 292,500,000
Market capitalisation (AED) 5,931,900,000
Par value EGP 10 per share
Dividends for 2014 FY
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for CIB orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
CIB reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
CIB 2008 Q3 13 Nov 2008 204m 0.70 2.78 20.28 7.3 1.7 22.8% 31.2%
CIB 2008 Q2 13 Aug 2008 348m 1.78 7.14 33.25 4.7 1.9 41.8% 59.8%
CIB 2008 Q1 15 May 2008 294m 1.51 6.04 54.00 8.9 3.5 39.7% 50.9%
CIB 2007 FY 25 Feb 2008 0.86bn 4.40 4.40 53.00 12.0 3.5 29.3% 42.9%
CIB 2007 Q3 12 Nov 2007 187m 0.96 3.83 53.00 13.8 3.8 27.7% 36.0%
Share price 15 Apr 2009 20.28 dhs
Price/earnings (annualised)
Latest report CIB 2008 M9 report
Stock market Abu Dhabi Securities Exchange
Founding date 06 Apr 1975 Listing date 29 Nov 2004
Auditor KPMG Hazem Hassan, and E & Y Allied for Accounting & Auditing
Chairman of CIB Amen Hesham Eiz Al Arab
CEO of CIB Hisham Hassan (GM)
Foreign ownership limit Maximum 100%
Total shares outstanding 292,500,000
Market capitalisation (AED) 5,931,900,000
Par value EGP 10 per share
Dividends for 2014 FY
Cash dividend yield
Fair Value estimate
Share price rating  
Difference from fair value
Consider buying below
Consider selling above
Latest share data for CIB orders | trades | chart
Ratings, estimates, comments are opinions only, and are not to be taken as advice to buy, sell or hold shares. E&OE.
CIB reports
* annualised
Date Profit
AED
EPS
AED
EPS*
AED
Price
AED
PE* PBV ROE* ROS
CIB 2008 Q3 13 Nov 2008 204m 0.70 2.78 20.28 7.3 1.7 22.8% 31.2%
CIB 2008 Q2 13 Aug 2008 348m 1.78 7.14 33.25 4.7 1.9 41.8% 59.8%
CIB 2008 Q1 15 May 2008 294m 1.51 6.04 54.00 8.9 3.5 39.7% 50.9%
CIB 2007 FY 25 Feb 2008 0.86bn 4.40 4.40 53.00 12.0 3.5 29.3% 42.9%
CIB 2007 Q3 12 Nov 2007 187m 0.96 3.83 53.00 13.8 3.8 27.7% 36.0%

CIB opinion, news, reports, researchTop

CIB Commercial International Bank Egypt forum  Replies   Views   Last Post 
CIB 08Q3 profit Dh200m +9% 0 93 15 Nov 08 21:03
CIB Egypt capital increase 0 138 13 Aug 08 13:51
CIB Egypt 08Q2 profit Dh360m +31% 1 320 13 Aug 08 13:10
Dubai Capital Group buys CIB Egypt stake 0 139 13 Aug 08 13:05
CIB US loan for mortgages 0 114 30 Jul 08 11:40
CIB 2007 FY profit AED860m +51% 0 286 24 Mar 08 01:50
CIB 2007 Q3 profit Dh180m +9% 1 294 13 Nov 07 00:04
CIB Arab African Bank merger 1 302 02 Oct 07 12:38
CIB Arab African International Bank merger 0 230 01 Oct 07 11:38
« GCC banks US subprime exposure limited 1 21 22 Aug 07 09:33

CIB latest news (links open in new window)Top

News Item

MIDEAST STOCKS-Dubai's Arabtec helps UAE outperform sluggish Gulf Reuters DUBAI, March 23 ( Reuters ) - A rebound by Dubai builder Arabtec lifted the mood of investors in the United Arab Emirates stock markets on Monday, while other bourses in the Middle East moved very little as oil once again halted its advance. Brent oil slipped 0.2 percent and traded near $55 per ... Egypt's market edged up 0.2 percent on the back of blue chips Talaat Moustafa Group and Commercial International Bank , which rose 2.5 and 0.6 percent respectively. Carpet maker Oriental Weavers climbed 0.5 percent ... and more » More ...


News Item

MIDEAST STOCKS-Saudi property stocks rise; Egypt rebounds Reuters Africa DUBAI, March 12 ( Reuters ) - Saudi Arabia's property stocks were among the main gainers in Thursday's early trade after the kingdom's housing minister was relieved of his position, which investors may interpret as a push to speed up the state's housing construction programme. The government has earmarked tens of billions of dollars for the scheme ... Commercial International Bank and developer Talaat Moustafa gained 1.0 and 0.6 percent. In Dubai, Orascom Construction tumbled 7.8 percent, extending a sell-off ... and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Saudi property stocks rise; Egypt rebounds Reuters Commercial International Bank and developer Talaat Moustafa gained 1.0 and 0.6 percent. In Dubai, Orascom Construction tumbled 7.8 percent, extending a sell-off that according to some market players may be driven by Egyptian investors looking for hard ... and more » More ...


News Item

The National Euro-zone stocks lead the way as world markets rally The National At the stock level Commercial International Bank reported 2014 earnings of 3.7bn Egyptian pounds. Earnings were higher than market expectation and recorded a growth of 24.5 per cent compared to 2013. As per the latest central bank data, total loan growth ... More ...


News Item

Egypt set for most keenly awaited business gathering since the start of the Arab ... The National ... on the sidelines, local investors helped propel the country's benchmark index into the ranks of the top performing global measures last year as the fortunes of the biggest listed companies and lenders such as Commercial International Bank improved. More ...


News Item

MIDEAST STOCKS-Gulf markets fall as oil tumbles again Reuters DUBAI, Feb 19 ( Reuters ) - Gulf stock markets pulled back on Thursday after Brent oil fell sharply, undermining petrochemical stocks in particular and investor sentiment in general, and corporate news turned out to be mostly negative. Brent oil fell 2.6 percent ... and more » More ...


News Item

MIDEAST STOCKS-Most Gulf markets fall as oil retreats Reuters DUBAI, Feb 11 ( Reuters ) - Most Gulf stock markets extended losses on Wednesday as oil prices fell further, but positive news from banks supported Qatar and Oman. Brent crude slipped below $56 per barrel Tuesday on expectations that oversupply in world ... and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Oil, dividends weigh on Saudi Arabia; Egypt also ... Reuters Meanwhile, Egypt's market edged down 0.6 percent as Commercial International Bank slipped 0.2 percent despite posting strong fourth-quarter earnings. Most other stocks were also in the red. (Reporting by Olzhas Auyezov; Editing by Andrew Torchia). and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Petrochemicals boost Saudi Arabia Reuters Commercial International Bank which plans to publish its fourth-quarter results this week, was the main support, climbing 1.0 percent. Investment firm Pioneers Holding rose 0.9 percent after it submitted a fresh bid for Arab Dairy Products at 64.30 pounds per ... and more » More ...


News Item

The National $1.75bn in IPOs planned for Egypt this year The National CI Capital Holding, a unit of Egypt's largest listed lender, Commercial International Bank , expects to help companies raise more than $1bn from four IPOs this year, said Hesham Gohar, the managing director for investment banking at CI Capital. It is involved in ... More ...


Newsfeed from Google News. See also latest UAE market news.

CIB opinion, news, reports, researchTop

CIB Commercial International Bank Egypt forum  Replies   Views   Last Post 
CIB 08Q3 profit Dh200m +9% 0 93 15 Nov 08 21:03
CIB Egypt capital increase 0 138 13 Aug 08 13:51
CIB Egypt 08Q2 profit Dh360m +31% 1 320 13 Aug 08 13:10
Dubai Capital Group buys CIB Egypt stake 0 139 13 Aug 08 13:05
CIB US loan for mortgages 0 114 30 Jul 08 11:40
CIB 2007 FY profit AED860m +51% 0 286 24 Mar 08 01:50
CIB 2007 Q3 profit Dh180m +9% 1 294 13 Nov 07 00:04
CIB Arab African Bank merger 1 302 02 Oct 07 12:38
CIB Arab African International Bank merger 0 230 01 Oct 07 11:38
« GCC banks US subprime exposure limited 1 21 22 Aug 07 09:33
CIB Egypt financial statements & accountsTop
PDF files (new window) 2004 2005 2006 2007 2008
CIB First Quarter   2005Q1 2006Q1 2007Q1 2008Q1
CIB Second Quarter   2005Q2 2006Q2 2007Q2 2008Q2
CIB Third Quarter   2005Q3 2006Q3 2007Q3  2008Q3
CIB Preliminary FY Report 2004PR 2005PR 2006PR  2007PR   
CIB Final Annual Report 2004FY 2005FY 2006FY 2007FY

Links are to the relevant PDF report on the ESCA website and are provided as a convenience by ShareWadi.com. We are not responsible for the content or availability of any external sites or pages. If accounts are not available from ESCA, try the ADX or DFM website.

CIB latest news (links open in new window)Top

News Item

MIDEAST STOCKS-Dubai's Arabtec helps UAE outperform sluggish Gulf Reuters DUBAI, March 23 ( Reuters ) - A rebound by Dubai builder Arabtec lifted the mood of investors in the United Arab Emirates stock markets on Monday, while other bourses in the Middle East moved very little as oil once again halted its advance. Brent oil slipped 0.2 percent and traded near $55 per ... Egypt's market edged up 0.2 percent on the back of blue chips Talaat Moustafa Group and Commercial International Bank , which rose 2.5 and 0.6 percent respectively. Carpet maker Oriental Weavers climbed 0.5 percent ... and more » More ...


News Item

MIDEAST STOCKS-Saudi property stocks rise; Egypt rebounds Reuters Africa DUBAI, March 12 ( Reuters ) - Saudi Arabia's property stocks were among the main gainers in Thursday's early trade after the kingdom's housing minister was relieved of his position, which investors may interpret as a push to speed up the state's housing construction programme. The government has earmarked tens of billions of dollars for the scheme ... Commercial International Bank and developer Talaat Moustafa gained 1.0 and 0.6 percent. In Dubai, Orascom Construction tumbled 7.8 percent, extending a sell-off ... and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Saudi property stocks rise; Egypt rebounds Reuters Commercial International Bank and developer Talaat Moustafa gained 1.0 and 0.6 percent. In Dubai, Orascom Construction tumbled 7.8 percent, extending a sell-off that according to some market players may be driven by Egyptian investors looking for hard ... and more » More ...


News Item

The National Euro-zone stocks lead the way as world markets rally The National At the stock level Commercial International Bank reported 2014 earnings of 3.7bn Egyptian pounds. Earnings were higher than market expectation and recorded a growth of 24.5 per cent compared to 2013. As per the latest central bank data, total loan growth ... More ...


News Item

Egypt set for most keenly awaited business gathering since the start of the Arab ... The National ... on the sidelines, local investors helped propel the country's benchmark index into the ranks of the top performing global measures last year as the fortunes of the biggest listed companies and lenders such as Commercial International Bank improved. More ...


News Item

MIDEAST STOCKS-Gulf markets fall as oil tumbles again Reuters DUBAI, Feb 19 ( Reuters ) - Gulf stock markets pulled back on Thursday after Brent oil fell sharply, undermining petrochemical stocks in particular and investor sentiment in general, and corporate news turned out to be mostly negative. Brent oil fell 2.6 percent ... and more » More ...


News Item

MIDEAST STOCKS-Most Gulf markets fall as oil retreats Reuters DUBAI, Feb 11 ( Reuters ) - Most Gulf stock markets extended losses on Wednesday as oil prices fell further, but positive news from banks supported Qatar and Oman. Brent crude slipped below $56 per barrel Tuesday on expectations that oversupply in world ... and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Oil, dividends weigh on Saudi Arabia; Egypt also ... Reuters Meanwhile, Egypt's market edged down 0.6 percent as Commercial International Bank slipped 0.2 percent despite posting strong fourth-quarter earnings. Most other stocks were also in the red. (Reporting by Olzhas Auyezov; Editing by Andrew Torchia). and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Petrochemicals boost Saudi Arabia Reuters Commercial International Bank which plans to publish its fourth-quarter results this week, was the main support, climbing 1.0 percent. Investment firm Pioneers Holding rose 0.9 percent after it submitted a fresh bid for Arab Dairy Products at 64.30 pounds per ... and more » More ...


News Item

The National $1.75bn in IPOs planned for Egypt this year The National CI Capital Holding, a unit of Egypt's largest listed lender, Commercial International Bank , expects to help companies raise more than $1bn from four IPOs this year, said Hesham Gohar, the managing director for investment banking at CI Capital. It is involved in ... More ...


Newsfeed from Google News. See also latest UAE market news.

CIB Egypt comments & notesTop

Commercial International Bank (Egypt) share capital and shares outstanding
  • See www.egyptse.com for CIB details and latest share price on the Cairo & Alexandria Stock Exchange (CASE).
  • See www.cibeg.com for latest CIB financial statements (more up to date than ESCA or ADX websites)
  • 30 September 2008 - EGP 2,925 million share capital, 292.5 million shares outstanding (par value EGP 10)
  • 31 July 2008 - EGP - EGP 2,925 million share capital, increase of EGP 975 million from General Reserve
  • 30 June 2008 - EGP 1,950 million share capital, 195 million shares outstanding.
  • 31 March 2008 - EGP 1,950 million share capital, 195 million shares outstanding.
  • 19 March 2006 - EGM approves Authorized Share Capital of EGP 5,000 million.
15 May 2008 - CIB first quarter results

Share price at close on 15 May 2008 on the CASE was EGP 79.47, about AED 54. CIB still has never traded on the Abu Dhabi Securities Exchange (ADX).

12 November 2007

Latest share price updated to 53 dhs - approximately equal to last trade value on the Cairo Stock Exchange of 78 EGP. CIB shares have never traded on the Abu Dhabi Securities Market (ADSM) and the last close price given by ESCA, of 23.90 dhs, appears to be out of date.

11 June 2005 comments

Commercial International Bank was established in 1975 as a joint venture between National Bank of Egypt (51%) and Chase Manhattan Bank (49%) with the name Chase National Bank of Egypt. Chase divested its equity stake in 1987 to National Bank of Egypt which increased its shareholding to 99.9%, and the name was changed to Commercial International Bank (Egypt) SAE.

In 1993, CIB launched an IPO which left NBE with a 43% stake. CIB and NBE employees owned 16% of the share capital and 41% was sold to foreign individual and institutional investors. In July 1996, National Bank of Egypt (NBE), sold a 20% equity stake through a Global Depository Receipts (GDR) offering listed on the London Stock Exchange which raised over $120 million.

CIB launched retail banking services in 1999. CIB also subsequently added Commercial International Life Insurance (CIL), CONTACT Car Trading Company, and CorpLease for Financial Leasing to its affiliates. Commercial International Bank has a network of 52 branches in Egypt, 2 in Saudi Arabia, and 1 in Qatar.

Note that CIB is unrelated to Commercial Bank International (CBI), an ADSM listed bank based in Ras Al Khaimah, UAE. CIB shares have never traded on ADSM since listing sometime in 2004 (exact date unknown) until date of these comments but last traded price is given as 23.90 dhs on ESCA website. CIB website has ratings reports from Fitch, Standard & Poors, Capital Intelligence, Moodys dated 2003-2004 - not particularly useful to shareholders in 2007.

Contact details and investor informationTop
  • CIB Egypt, PO Box 2430, Egypt. Tel +202-5701950.
  • www.cibeg.com - CIB website home page.
CIB - related external links (open in new window)Top
  • www.sca.ae - ESCA profile. Includes share ownership details, board of director names, meeting dates, financial statements and annual report.
  • www.adx.ae - ADX financial disclosures, news and information.

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This page last updated 26-Nov-2009. Company information last updated 24 Jun 2008. E & OE.