Cairo – Mubasher: The board of directors of CI Capital Holding approved the issuance of a credit guarantee worth EGP 100 million for Al Ahli Bank of Kuwait – Egypt.
CI Capital will guarantee the EGP 100 million credit facility obtained by Commercial International Brokerage Co (CIBC), according to a statement to the Egyptian Exchange (EGX) on Thursday.
It is noteworthy that CI Capital’s capital reaches EGP 544.184 million, distributed over 544.184 million shares at a nominal value of EGP 1 a share.
During the first half of 2019, the company posted a net profit of EGP 235.24 million, compared to EGP 169.67 million in the prior-year period.
