Commercial International Bank Egypt SAE operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Commercial International Bank Egypt SAE with three other
companies in this sector in Egypt:
Qatar National Bank Alahly SAE
(2016
sales of 18.86 billion Egyptian Pounds [US$1.04 billion]
of which 23%
was Corporate),
Faisal Islamic Bank of Egypt SAE
(7.41 billion Egyptian Pounds [US$409.29 million]
), and
Bank Al Sharikah Al Masrafiyyah Al Arabiyyah Al Duwaliyyah
(6.31 billion Egyptian Pounds [US$348.50 million]
).
Sales Analysis.
Commercial International Bank Egypt SAE reported sales of 22.43 billion Egyptian Pounds (US$1.24 billion)
for the
year ending
December of 2016.
This
represents
an
increase of 26.6%
versus 2015, when the company's sales were 17.71 billion Egyptian Pounds.
Sales at Commercial International Bank Egypt SAE have increased during each of the previous five years
(and since 2011, sales have increased a total of 228%).
Sales of Investment Banking saw an increase
that was more than double the company's growth rate: sales were up
678.0% in 2016, from
304.30 million Egyptian Pounds to 2.37 billion Egyptian Pounds.
Commercial International Bank Egypt SAE also saw significant increases in sales in
Middle and Small Institutions (up 35.2% to 1.56 billion Egyptian Pounds)
.
Not all segments of Commercial International Bank Egypt SAE experienced an increase in sales in 2016:
sales of Corporate Banking fell 28.1% to 5.12 billion Egyptian Pounds.