Company Overview
Commercial International Bank, known as CIB, is Egypt largest private sector bank, headquartered in Giza. It was founded in 1975 as Chase National Bank of Egypt, a joint venture between the National Bank of Egypt, which held 51 percent, and Chase Manhattan Bank, which held 49 percent. That original joint venture structure no longer applies and the bank is now publicly listed with a majority free float.
The bank provides commercial and retail banking services and is listed on the Egyptian Exchange under the ticker COMI. Fairfax Financial Holdings acquired a 6.5 percent stake in 2014 when Actis exited, a holding confirmed at the same level at the end of 2021.
Commercial International Bank reported consolidated revenue of 117 billion Egyptian pounds and net income of 82.2 billion pounds for the 2025 financial year, equivalent to 18.2 pounds per share and an increase of 49 percent against 2024. For the first quarter of 2026 the bank posted revenue of 31.2 billion pounds, up 15 percent year on year, and net income of 17.8 billion pounds, up 7 percent.
Recent Leadership News
Egypt's Commercial International Bank (CIB) reappoints Hisham Ezz El-Arab as CEO for 3-year term (March 2026).
Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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