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Commercial International Bank Egypt SAE (COMI.CA)

COMI.CA on Cairo Stock Exchange

77.76EGP
23 Jan 2018
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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​

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