public traded as case comi.ca otcqx cibey industry banking and financial services founded 1975 cairo egypt by merger between nbe and chase manhattan bank headquarters cairo egypt key people hisham ezz al arab chairman and managing director operating income us 6 3 billion net income us 3.79 billion total assets us 16.9 billion subsidiaries ci capital cibc ciam cil corplease falcon website www.cibeg.com the commercial international bank cib is the largest private sector bank in egypt . 1 2 the company corporate headquarters are located in cairo egypt . the bank serves more than 500 000 clients and has more than 6 000 employees . 3 cib is one of the strongest banks in the middle east and africa . it is also the largest listed corporation in egypt with a market value of 4.8 billion revenues of 1.3 billion and total assets of 16.4 billion . the company is ranked in the forbes global 2000 4 listing which represents the largest corporations in the world . currently there are only two egyptian companies making the list . chairman and managing director hisham ezz al arab . contents 1 history 2 ci capital 3 corplease 4 commercial international insurance cil 5 awards and recognitions 6 references 7 external links history edit commercial international bank was established in 1975 as a joint venture between the national bank of egypt 51 % and the chase manhattan bank 49 % under the name chase national bank of egypt . following chase s decision to divest its equity stake in 1987 national bank of egypt nbe increased its shareholding to 99.9 % and the bank changed its name to commercial international bank egypt s.a.e. nbe s stake gradually decreased through several public offerings till it reached 18.7 % . in 2006 a consortium led by ripplewood holdings acquired the nbe stake . in july 2009 actis a leading emerging markets private equity firm invested us 244 million to acquire shares in cib . hence actis acquired 50 % of the stake held by the consortium led by ripplewood holdings . five months later ripplewood sold its remaining position of 4.7 % in cib through the open market . this move marked the successful transition of strategic partnership to be with actis who then became the largest shareholder in cib with a 9.1 % stake . in march 2014 actis sold a portion of its holding in cib representing 2.6 % of the bank s total outstanding shares in the open market to a group of international investors . later in the year actis has successfully realised its investment in commercial international bank cib and has sold its remaining 6.5 % to subsidiaries wholly owned by fairfax financial holdings ltd fairfax in may 2014 . ci capital edit ci capital is the investment banking arm of the commercial internationational bank cib with corporate headquarters in cairo and new york . it is one of the largest investments banks in the middle east and north africa mena region . in 2015 global finance magazine ranked ci capital as the best investment bank in egypt . 5 the investment bank serves a range of clients including governments corporations financial institutions high net worth individuals and retail customers . ci capital has the following four divisions asset management . 6 ci capital asset management ciam is the largest bank backed asset manager in egypt and second ranked overall with more than egp 11 billion in assets under management . ciam offers fixed income money market and equity products . investment banking . 7 ci capital have advised on transactions worth in excess of egp 84 billion since inception including initial public offerings secondary offerings private placements rights issues debt restructurings and bond issuances . ci capital investment banking is the partner of choice for major national regional clients seeking sophisticated advisory on complex national and cross border m & a equity and debt capital markets and corporate finance transactions . securities brokerage . 8 ci securities brokerage cibc is the number one securities broker in egypt by market share of trading executions . 9 the division was the only broker in egypt to execute transactions worth in excess of egp 1 billion last year . research . 10 ci capital research has a coverage of more than 80 % of the aggregate mena market cap . the department offers an unrivaled comprehensive product lineup as well as access to senior management at leading mena corporations via management roadshows reverse roadshows and one on one conference calls . they are also the organizer of the largest egypt focused investor conferences held annually across cairo south africa london and new york which play host to participants including high level egyptian government officials central bank of egypt policymakers and senior corporate managers . 11 corplease edit corplease corporate leasing company egypt s.a.e is a broad based financial services company operating in egypt since 2004 and providing a range of leasing products and services . 12 it focuses on large and medium ticket leasing transactions in all sectors and industries . corplease has four primary business lines vendor finance direct leasing sme finance and structured finance . commercial international insurance cil edit commercial international life insurance was formed in 1999 as an egyptian joint stock company offering international value for money life insurance products . as of march 2014 cib gross loan book reached egp 46 billion while customer deposits marked egp 103 billion with a paid in capital of egp 9 billion . the bank has the largest market capitalization in the egyptian banking sector amounting to over egp 33 billion as of march 2014 and operates a wide distribution network of 155 outlets and more than 500 atms . 13 awards and recognitions edit cib is recognized as the bank with the strongest brand equity in corporate banking in egypt it has also been consistently recognized on a global level as the best bank in egypt an award it has received on numerous occasions by publications such as the banker global finance euromoney and emerging markets . 14 references edit kasse mahmoud 2006 08 21 . egyptian bank plans to expand via partners . international herald tribune . access date requires url help comi egx stock quote commercial international bank egypt sae bloomberg . bloomberg.com . retrieved 10 august 2012 . http www.cibeg.com english investorrelations pages fast facts.aspx . missing or empty title help http www.forbes.com companies commercial international bank . missing or empty title help https www.gfmag.com media press releasess global finance names worlds best investment banks 2015 page 4 . missing or empty title help http www.noozz.com pages ci capital 13 . missing or empty title help http www.noozz.com pages ci capital 13 . missing or empty title help http www.noozz.com pages ci capital 13 . missing or empty title help http www.cibc dynamic.com.eg pr single3.html . missing or empty title help http www.noozz.com pages ci capital 13 . missing or empty title help http www.newyorkpalace.com ci capitals third annual egypt conference 2015 . missing or empty title help http www.corplease.com.eg abt.html . missing or empty title help http www.cibeg.com english aboutcib pages awards.aspx . missing or empty title help http middleeastarab.com eg dir commercial international bank cib.html . missing or empty title help external links edit cib website retrieved from https en.wikipedia.org w index.php title commercial international bank & oldid 744538970 categories 1975 establishments in egyptbanks established in 1975banks of egyptegyptian brandshidden categories pages using citations with accessdate and no urlpages with citations lacking titlespages with citations having bare urlspages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent 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