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Commercial International Bank Egypt SAE (COMI.CA)

COMI.CA on Cairo Stock Exchange

74.29EGP
13 Feb 2019
Change (% chg)

£0.40 (+0.54%)
Prev Close
£73.89
Open
£74.04
Day's High
£76.38
Day's Low
£74.01
Volume
923,553
Avg. Vol
1,373,641
52-wk High
£77.20
52-wk Low
£53.60

Latest Key Developments (Source: Significant Developments)

Commercial International Bank Egypt Proposes FY Dividend
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - COMMERCIAL INTERNATIONAL BANK EGYPT ::BOARD PROPOSES EGP 1.45 BILLION AS FY 2018 DIVIDEND.SAYS EGP 1.45 BILLION DIVIDEND BASED ON A DIVIDEND PER SHARE OF EGP 1, AFTER TAKING INTO ACCOUNT THE SUBSEQUENT SHARE DISTRIBUTIONS OF ONE SHARE FOR EVERY FOUR SHARES.  Full Article

Egyptian Exchange Says CIB Applies For Listing Of Capital Increase
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - EGYPTIAN EXCHANGE::SAYS COMMERCIAL INTERNATIONAL BANK EGYPT APPLIES FOR LISTING OF ISSUED CAPITAL INCREASE TO EGP 14.59 BILLION FROM EGP 11.67 BILLION.  Full Article

Egypt's CIB Board Approves Authorised Capital Increase
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - COMMERCIAL INTERNATIONAL BANK EGYPT ::BOARD APPROVES AUTHORISED CAPITAL INCREASE TO EGP 50 BILLION FROM EGP 20 BILLION.  Full Article

Egypt's CIB Updates On Impact Of Proposed Tax Amendment
Wednesday, 5 Dec 2018 

Dec 5 (Reuters) - COMMERCIAL INTERNATIONAL BANK EGYPT ::SAYS PROPOSED TAX AMENDMENT WILL NOT HAVE AN EFFECT ON 2018 FINANCIAL RESULTS.SAYS OUR 2019 PROJECTED PROFITS REVEAL DECLINE OF UP TO 5 PERCENT.SAYS DECLINE OF UP TO 5 PERCENT PROFIT IN 2019 DEPENDS ON WHETHER OR NOT LOAN LOSS PROVISIONS WILL BE INCLUDED WITHIN THE TAX TREATMENT.SAYS FEDERATION HAS STRESSED IN ITS RECOMMENDATIONS THAT LOAN LOSS PROVISIONS SHOULD NOT BE INCLUDED WITHIN THE TAX TREATMENT.  Full Article

Commercial International Bank Egypt Updates on Proposed Tax Changes
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - COMMERCIAL INTERNATIONAL BANK EGYPT SAE ::SAYS PROPOSED TAX CHANGES WILL APPLY ON NEW TREASURY BILLS AND BONDS WITHOUT TAKING RETROSPECTIVE EFFECT.SAYS TAX RATE ON EARNINGS FROM TREASURY BILLS AND BONDS WILL REMAIN AT 20 PERCENT.  Full Article

Commercial International Bank Q3 Profit Rises
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - COMMERCIAL INTERNATIONAL BANK ::Q3 CONSOL NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 2.59 BILLION VERSUS EGP 2.09 BILLION YEAR AGO.Q3 CONSOL NET INTEREST INCOME EGP 5.46 BILLION VERSUS EGP 3.57 BILLION YEAR AGO.  Full Article

Egypt's Raya Holding To Securitize Part Of Units Receivables Portfolio
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - RAYA HOLDING FOR FINANCIAL INVESTMENT ::SIGNS INITIAL AGREEMENT WITH COMMERCIAL INTERNATIONAL BANK EGYPT (CIB) TO SECURITIZE PART OF RECEIVABLES PORTFOLIO OF THREE SUBSIDIARIES BY ESTABLISHING SPECIAL PURPOSE COMPANY.  Full Article

Egypt's CIB Q2 Profit Rises
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - COMMERCIAL INTERNATIONAL BANK EGYPT ::Q2 CONSOL NET PROFIT AFTER MINORITY INTEREST EGP 2.40 BILLION VERSUS EGP 1.83 BILLION YEAR AGO.Q2 NET INTEREST INCOME EGP 4.59 BILLION VERSUS EGP 2.96 BILLION YEAR AGO .AS OF END-JUNE 2018 CUSTOMER DEPOSITS STAND AT EGP 266.83 BILLION.AS OF END-JUNE 2018 LOANS AND OVERDRAFTS STAND AT EGP 107.08 BILLION.  Full Article

Egypt's Medinet Nasr Board Approves EGP 1 Bln Loan From CIB
Monday, 4 Jun 2018 

June 4 (Reuters) - MEDINET NASR FOR HOUSING AND DEVELOPMENT ::BOARD APPROVES MID-TERM LOAN OF EGP 1 BILLION FROM COMMERCIAL INTERNATIONAL BANK (CIB).LOAN TO FINANCE ZONE-T PROJECT AND TAJ CITY INFRASTRUCTURE.  Full Article

Egyptian Exchange Approves CI Capital Listing
Tuesday, 17 Apr 2018 

April 17 (Reuters) - EGYPTIAN EXCHANGE::LISTING COMMITTEE APPROVES LISTING OF CI CAPITAL HOLDING WITH ISSUED CAPITAL OF EGP 411.5 MILLION.  Full Article

MIDEAST STOCKS-Dubai gains, led by Emaar; Qatar slips to four-month low

* Emaar Properties and units lift Dubai index on Q4 earnings * Air Arabia drops to near 6-year low * 16 of 20 stocks on Qatar's index slip * Qatar's Gulf International slumps after posting FY loss By Shakeel Ahmad and Abinaya Vijayaraghavan Feb 14 Dubai stocks rose on Thursday as earnings at Emaar-linked companies lifted its battered real estate shares, while Qatar's market was pulled down to a four-month low by a sell-off in its blue-chip firms. In Dub