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
banks in Middle East:
Mashreq Bank Psc
of United Arab Emirates
(2018
sales of 9.76 billion Arab Emirates Dirhams [US$2.66 billion]
of which 16%
was Retail),
Samba Financial Group SJSC
of Saudi Arabia
(9.74 billion Saudi Riyals [US$2.60 billion]
of which 32%
was Individuals), and
Banque Saudi Fransi SJSC
which is
also
based in Saudi Arabia
(8.86 billion Saudi Riyals [US$2.36 billion]
of which 35%
was Corporate Banking).
Sales Analysis.
Commercial International Bank Egypt SAE reported sales of 42.32 billion Egyptian Pounds (US$2.42 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 28.9%
versus 2017, when the company's sales were 32.84 billion Egyptian Pounds.
Sales at Commercial International Bank Egypt SAE have increased during each of the previous five years
(and since 2013, sales have increased a total of 261%).
Sales of Corporate Banking saw an increase
that was more than double the company's growth rate: sales were up
59.6% in 2018, from
5.66 billion Egyptian Pounds to 9.03 billion Egyptian Pounds.
Not all segments of Commercial International Bank Egypt SAE experienced an increase in sales in 2018:
sales of Asset Liability Management fell 0.0% to 639.48 million Egyptian Pounds.
(However, this segment's sales were only a very small portion of the company's overall sales).