Overview
Description
Commercial International Bank (Egypt) GDR represents the Global Depository Receipts of Commercial International Bank, a leading banking institution in Egypt. As a GDR, it allows investors outside of Egypt to invest in the bank through a depository bank in a different location, typically London. This provides an avenue for greater international capital inflow, enhancing liquidity and market access to CIB's securities.
Commercial International Bank serves as a pivotal player in Egypt's financial sector, offering a diverse array of financial services, including retail banking, corporate lending, investment solutions, and cash management. The bank caters to a broad spectrum of clients ranging from individual consumers to large multinational corporations, supporting economic growth through comprehensive financial solutions.
In the global financial market, CIB GDRs are instrumental in facilitating cross-border investment, enabling international investors to partake in Egypt's economic growth while adhering to local market insights and global standards. This connectivity plays a crucial role in diversifying investor exposure and integrating Egyptian financial markets with the global economic landscape.
About
CEO
Mr. Amin Hisham Ezz Al-Arab
Employees
8532
Address
Nile Tower Building
21/23 Charles de Gaulle Street P.O. Box 2430
Giza
21/23 Charles de Gaulle Street P.O. Box 2430
Giza
Phone
20 219666
Website
Instrument type
Depositary receipt
Sector
Financial Services
Industry
Banks - Regional
Country
Germany
MIC code
XFRA