Added to YB: 2024-04-30
Pitch date: 2024-03-31
CIBEY [bullish]
Commercial International Bank (Egypt) S.A.E.
+57.41%
current return
Author Info
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Company Info
Commercial International Bank (Egypt) S.A.E. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management.
Market Cap
EGP 231.1B
Pitch Price
EGP 74.01
Price Target
N/A
Dividend
0.72%
EV/EBITDA
N/A
P/E
7.50
EV/Sales
N/A
Sector
Banks
Category
growth
Show full summary:
Artisan Sustainable Emerging Markets Fund New Portfolio Holding: Commercial International Bank S.A.E.
CIB: Egypt's top private bank. UAE's $35B Ras-Hekma deal + IMF loan to float currency boosted economic outlook. Expect capital inflows to drive liquidity & financial activity, benefiting CIB. Initiated position in Q1.
Read full article (1 min)