CIB Delays its EGM Due to Lack of Quorum

Commercial International Bank of Egypt (CIB) ,in its statements today, announced the postponement of its extraordinary general meeting (EGM) due to lack of quorum; noting that the EGM was scheduled to be held on Monday- July First.

CIB’s business reports showed that the bank posted an increase of 30% to reach EGP 657.7 million in the first quarter of 2013, compared to EGP 505.4 million in the corresponding time last year.