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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 2013 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 2013 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 latest news (links open in new window)Top

News Item

Egypt's stock market defies obstacles The National The gains this year have been led by Commercial International Bank , the biggest publicly traded lender in Egypt, Talaat Mustapha Group, the largest listed property developer and EFG-Hermes, the biggest securities broker in the country. Together, the bank ... and more » More ...


News Item

MIDEAST STOCKS-Gulf markets stabilise after panic sell-off Reuters DUBAI, Dec 1 ( Reuters ) - Gulf stock markets steadied and some rebounded on Monday after tumbling a day earlier in response to a plunge in oil prices. Brent crude fell nearly $2 a barrel to a five-year low below $68 in early trade on Monday but then pared ... and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Egypt, Saudi slide; funds start buying in UAE, Qatar Reuters Egypt's bourse slid 1.1 percent as Commercial International Bank fell 1.4 percent and most other stocks also declined. Meanwhile, bourses in the UAE and Qatar began recouping early-session losses as stocks whose weightings in MSCI's emerging markets ... and more » More ...


News Item

MIDEAST STOCKS-Markets in Saudi Arabia, Egypt edge up Reuters Africa DUBAI Nov 18 ( Reuters ) - Saudi Arabia's bourse bounced back in early trade on Tuesday after a sharp drop in the previous session triggered by a fresh decline in oil prices, and Egypt's index also edged up. The main Saudi index added 0.6 percent, having ... and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Saudi Arabia, Egypt pull back as oil slides Reuters The pan-European FTSEuronext 300 index slipped 0.3 percent by midday. Egypt's market edged down 0.3 percent as investment bank EFG Hermes fell 2.0 percent and Commercial International Bank lost 0.2 percent. (Reporting by Olzhas Auyezov; Editing by ... and more » More ...


News Item

MIDEAST STOCKS-Saudi Arabia, Egypt pull back as oil slides Reuters Africa DUBAI Nov 17 ( Reuters ) - Stock markets in Saudi Arabia and Egypt fell in early trade on Monday as both markets saw broad sell-offs against a weak global background. The main Saudi index fell 1.2 percent shortly after opening with most stocks in the red. and more » More ...


News Item

MIDEAST STOCKS-Banks lift Saudi, Egypt bourses Reuters Africa DUBAI Nov 10 ( Reuters ) - Banking stocks lifted markets in Saudi Arabia and Egypt in early trade on Monday as new mortgage regulations took effect in the Gulf kingdom and Cairo's largest listed lender prepared to publish third-quarter results. Saudi Arabia's main index edged up 0.2 percent shortly after opening. ... Egypt's benchmark added 0.2 percent on the back of Commercial International Bank ( CIB ), which gained 1.6 percent. Cairo-based Naeem brokerage said it expected CIB to publish its third-quarter results ... and more » More ...


News Item

Nasdaq Dubai strikes dual listings deal in Egypt The National One, the Commercial International Bank , was delisted from the Abu Dhabi Securities Exchange in 2010 because of lack of trading activity. Mr Ali said that Nasdaq Dubai officials would be spending more time in Egypt in coming months assessing the ... and more » More ...


News Item

Dubai to promote Egyptian firms' dual listings Emirates 24/7 Commercial International Bank , Egypt's biggest listed bank, obtained a cross-listing in Abu Dhabi about a decade ago but subsequently delisted after there was minimal trade in its shares, which Salam attributed to a lack of publicity. Nasdaq Dubai is also ... and more » More ...


News Item

UAE stocks gain on FTSE index review Emirates 24/7 An influx of foreign funds due to changes in some FTSE indexes boosted stock markets in the United Arab Emirates and Qatar on Thursday, while Egyptian real estate developer Medinet Nasr surged after announcing an ambitious sales target. Dubai's main ... and more » More ...


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

CIB opinion, news, reports, researchTop

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

Egypt's stock market defies obstacles The National The gains this year have been led by Commercial International Bank , the biggest publicly traded lender in Egypt, Talaat Mustapha Group, the largest listed property developer and EFG-Hermes, the biggest securities broker in the country. Together, the bank ... and more » More ...


News Item

MIDEAST STOCKS-Gulf markets stabilise after panic sell-off Reuters DUBAI, Dec 1 ( Reuters ) - Gulf stock markets steadied and some rebounded on Monday after tumbling a day earlier in response to a plunge in oil prices. Brent crude fell nearly $2 a barrel to a five-year low below $68 in early trade on Monday but then pared ... and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Egypt, Saudi slide; funds start buying in UAE, Qatar Reuters Egypt's bourse slid 1.1 percent as Commercial International Bank fell 1.4 percent and most other stocks also declined. Meanwhile, bourses in the UAE and Qatar began recouping early-session losses as stocks whose weightings in MSCI's emerging markets ... and more » More ...


News Item

MIDEAST STOCKS-Markets in Saudi Arabia, Egypt edge up Reuters Africa DUBAI Nov 18 ( Reuters ) - Saudi Arabia's bourse bounced back in early trade on Tuesday after a sharp drop in the previous session triggered by a fresh decline in oil prices, and Egypt's index also edged up. The main Saudi index added 0.6 percent, having ... and more » More ...


News Item

UPDATE 2-MIDEAST STOCKS-Saudi Arabia, Egypt pull back as oil slides Reuters The pan-European FTSEuronext 300 index slipped 0.3 percent by midday. Egypt's market edged down 0.3 percent as investment bank EFG Hermes fell 2.0 percent and Commercial International Bank lost 0.2 percent. (Reporting by Olzhas Auyezov; Editing by ... and more » More ...


News Item

MIDEAST STOCKS-Saudi Arabia, Egypt pull back as oil slides Reuters Africa DUBAI Nov 17 ( Reuters ) - Stock markets in Saudi Arabia and Egypt fell in early trade on Monday as both markets saw broad sell-offs against a weak global background. The main Saudi index fell 1.2 percent shortly after opening with most stocks in the red. and more » More ...


News Item

MIDEAST STOCKS-Banks lift Saudi, Egypt bourses Reuters Africa DUBAI Nov 10 ( Reuters ) - Banking stocks lifted markets in Saudi Arabia and Egypt in early trade on Monday as new mortgage regulations took effect in the Gulf kingdom and Cairo's largest listed lender prepared to publish third-quarter results. Saudi Arabia's main index edged up 0.2 percent shortly after opening. ... Egypt's benchmark added 0.2 percent on the back of Commercial International Bank ( CIB ), which gained 1.6 percent. Cairo-based Naeem brokerage said it expected CIB to publish its third-quarter results ... and more » More ...


News Item

Nasdaq Dubai strikes dual listings deal in Egypt The National One, the Commercial International Bank , was delisted from the Abu Dhabi Securities Exchange in 2010 because of lack of trading activity. Mr Ali said that Nasdaq Dubai officials would be spending more time in Egypt in coming months assessing the ... and more » More ...


News Item

Dubai to promote Egyptian firms' dual listings Emirates 24/7 Commercial International Bank , Egypt's biggest listed bank, obtained a cross-listing in Abu Dhabi about a decade ago but subsequently delisted after there was minimal trade in its shares, which Salam attributed to a lack of publicity. Nasdaq Dubai is also ... and more » More ...


News Item

UAE stocks gain on FTSE index review Emirates 24/7 An influx of foreign funds due to changes in some FTSE indexes boosted stock markets in the United Arab Emirates and Qatar on Thursday, while Egyptian real estate developer Medinet Nasr surged after announcing an ambitious sales target. Dubai's main ... and more » 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.