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The Commercial International Bank (CIB) is the largest private-sector bank in Egypt.〔(【引用サイトリンク】title=COMI:EGX Stock Quote - Commercial International Bank Egypt SAE - Bloomberg )〕 The company corporate headquarters are located in Cairo, Egypt. The bank serves more than 500,000 clients and has more than 6,000 employees. 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 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. == History == 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. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Commercial International Bank」の詳細全文を読む スポンサード リンク
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