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CBKD

LSE
1.55000 USD
0
0%
Last update Jun 17, 4:29 PM BST
Main market
Day range
1.52000
1.55600
Previous close
1.55000
Open
1.52000
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Commercial International Bank (Egypt) GDR
1.55
0
0%

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. Hussein Mohamed Maged Abaza
Employees
7725
Address
Nile Tower Building
21/23 Charles de Gaulle Street P.O Box: 2430
Giza
Phone
20 219666
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
United Kingdom
MIC code
XLON
Main market

Exchange is currently active.
Closing in 6 hours 24 minutes

10:05
00:00
08:00
16:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).