Cairo - Mubasher: The board members of Commercial International Bank - Egypt (CIB) approved increasing its issued and paid-up capital to EGP 34.05 billion from EGP 33.77 billion.
The capital hike transaction will be executed through the issuance of 27.20 million bonus shares at a nominal value of EGP 10 per share, according to a bourse filing.
Meanwhile, the bonus shares are intended primarily for the 17th tranche of the employee stock ownership plan (ESOP).
It is also worth noting that in September 2025, the bank’s equityholders decided to increase the issued and paid-in capital to EGP 33.77 billion from EGP 30.70 billion.
In 2025, CIB registered 49% year-on-year (YoY) higher consolidated net profits after tax at EGP 82.25 billion, compared with EGP 55.25 billion a year earlier.
