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Commercial International Bank Egypt SAE (COMI.CA)

COMI.CA on Cairo Stock Exchange

73.51EGP
12 Dec 2017
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Tue, Nov 14 2017

Egypt's CIB to boost Tier 2 debt as it looks to African growth

DUBAI, Nov 14 Egypt's Commercial International Bank (CIB) plans to boost Tier 2 capital through dollar-denominated subordinated loans as it seeks to diversify its equity base and back expansion plans in Africa, its chairman and managing director said on Tuesday.

BRIEF-Commercial International Bank Egypt reports Q3 consol net income of EGP 2.09 bln

* QTRLY CONSOLIDATED NET INCOME OF EGP 2.09 BILLION, UP 23% YEAR-ON-YEAR‍​

BRIEF-Commercial International Bank reports Q2 consol net interest income EGP 2.96 bln versus EGP 2.27 bln year ago

* Commercial International Bank reports record second-quarter 2017 consolidated revenue of EGP 3.55 billion and net income of EGP 1.83 billion

BRIEF-Egypt's CIB shareholders approve capital increase

* Shareholders apporve issued and paid-up capital increase to EGP 14.52 billion from EGP 11.62 billion through bonus shares issue

Egypt's CIB seeks to increase its capital by 25 pct

CAIRO, June 20 Egypt's largest listed bank, Commercial International Bank, will seek approval to issue bonus shares to increase its capital by 25 percent at its next general assembly meeting, the bank said in a statement published in local newspapers on Tuesday.

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