Sitemap|FAQ|Contact Us
Number of All ATMs 505
City :
Location :
 
Currency Buy Sell
CHF 4.9461 5.1783
EUR 7.2345 7.5742
GBP 7.9645 8.3385
KWD 18.4465 19.5355
SAR 1.444 1.4692
USD 5.4575 5.4875
Fund Currency Date Net asset
CIB Osoul EGP 3/14/2010 150.59
Istethmar EGP 3/7/2010 83.63
El-Aman EGP 3/7/2010 65.18


POS Statement

Corporate ePayroll

Direct Investment 

Objective

To seek private equity investments with attractive risk/reward characteristics over a pre-identified investment horizon. Our objective is to substantially increase the value of each company’s portfolio over the anticipated holding period of the investment.

 Mission

  • To add value to CIB shareholders in light of CIB mission: “To provide the best financial solutions to our clients & create more value for our employees, shareholders & community.”
  • To provide a unique opportunity for equity financing to promising businesses in Egypt and the region. The aim is to add value to our partners and provide them with opportunities for growth.
  • To provide financial advice to our partners, thereby helping them realize their growing ambitions.

This mission is accomplished through a hybrid of methods, comprising, but not limited to, realizing a steady stream of dividend distributions and capital gains, minimizing write-downs from investments and entering into new investments where the synergies for CIB is the focus.

Scope of Work

To act as CIB investment arm with respect to the bank’s engagement in direct equity finance transactions. Our main task revolves around the proper allocation of investment funds into specific industries where CIB return on investment would be optimally maximized.  The department’s team is mainly responsible for the following:

  • Managing and monitoring all existing equity investments of the Bank.
  • Identifying, executing and diversifying in new feasible equity investments for the account of CIB and its clients. The analytical review and evaluation of proposed investments are based on certain guidelines proposed by the team and approved by CIB internal High Lending & Investment Committee.
  • During our holding period of a company’s portfolio, we aim at adding value by supporting the company’s growth through our active participation in the company’s BOD in addition to our maximization of synergies between the company and CIB, thus creating a “WIN-WIN” relationship.

Investment Strategy

Primary Focus

Matured, dividend generating companies with strong management track record in growing & profitable industries.

Investment Policy

Will consider minority equity stakes not exceeding 20% while securing minority protection rights (such as board seats, put options, tag-along rights, etc) and pre-defined exit routes (potential trade sales, IPOs, etc)

Average Holding Period

3-5 years

Targeted Returns

A hybrid IRR on exits exceeding 20%.

 For further information, please contact:
Mrs. Gilan El Seginy 
Director Head of Direct Investment
Telephone: (+202) 3747 2000
Telephone Dir.: (+202) 3747 2535
Fax: (+202)35712356
E-mail gilan.elsiginy@cibeg.com

Copyright © 2007 Commercial International Bank User Agreements|CBE approvals|Privacy Policy