Arab Finance: The Egyptian Exchange’s (EGX) listing committee has approved listing an increase of EGP 236.570 million for the Commercial International Bank’s (CIB) issued and paid-up capital, the EGX announced on June 5^th.

This increase is distributed over 23.657 million shares at a par value of EGP 10 per share.

Accordingly, the capital will be upped to EGP 30.432 billion from EGP 30.195 billion.

The company's capital after the increase will be listed on the EGX's database on June 6th.

CIB, the leading private sector bank in Egypt, provides banking services across the country through more than 200 branches and units.

The bank's segments include corporate banking, investment banking, retail banking, treasury and capital market services, and others.

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