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Hisham Ezz Al-Arab, Chairman of the Board of Directors of Commercial International Bank, announced on his personal page on the social networking site “Facebook” on Friday that he has formally resigned from his post as Chairman of the Board of Directors of Commercial International Bank, following 21 years at the service of the bank.
Hisham Ezz Al-Arab said that over the course of 21 years, a banking institution had been built, whose market capital size increased from $ 150 million to more than $ 6 billion, and the Commercial International Bank won 3 awards as “the best emerging market in the world” for the past 4 years.
And Commercial International Bank certificates of deposit achieved a jump in the morning listing on the London Stock Exchange, and the stock reached the level of 4.03 cents, 14.29% more, amid high trading volumes that they reached 25 times the average daily price, to reach 13 million shares at 1:30 p.m., while analysts referred to the market. Money, the reason for the strong rebound derived from investor confidence in the Egyptian economy, and the strength and durability of the banking sector, which has weathered during the turbulent period in Egypt, and performed well during the period of economic reform , highlighting that the sharp decline in the money market during yesterday’s session was not caused by the rumors issued about the stock.
The resignation of Hisham Ezz Al Arab
