Commercial International Bank Ltd. ADR (CIBEY) - OTCQX
  • Mon, Mar. 14, 11:08 AM
    • The central bank sold $200M at a rate of 8.85 Egyptian pounds per dollar s. 7.73 previously. This narrows the gap between the official rate and the black market rate of 9.6 to the dollar.
    • The move comes alongside declines in tourism and foreign investment. In a sign of growing religious tension, the country's Justice Minister was fired after some incendiary comments.
    • EGPT -5%, OTCQX:CIBEY +1.8%
    | Mon, Mar. 14, 11:08 AM
Company Description
CIB is the leading private sector bank in Egypt, offering a broad range of financial products and services to its customers, which include enterprises of all sizes, institutions, households and high-net-worth (HNW) individuals. In addition to traditional asset and liability products, CIB offers... More
Sector: Financial
Industry: Money Center Banks
Country: Egypt