Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Trading Down 0.8% – What’s Next?

Shares of Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) fell 0.8% during mid-day trading on Thursday . The stock traded as low as $2.80 and last traded at $2.8475. 2,036 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 7,589 shares. The stock had previously closed at $2.87.

Commercial International Bank (Egypt) S.A.E. Stock Down 0.8%

The company has a fifty day moving average of $2.47 and a 200 day moving average of $2.19.

Commercial International Bank (Egypt) S.A.E. Company Profile

Commercial International Bank (Egypt) SAE. (OTCMKTS:CIBEY) is one of Egypt’s leading private sector banks, offering a comprehensive suite of banking and financial services to individuals, small and medium-sized enterprises (SMEs), large corporations and government entities. Founded in 1975 as Egypt’s first truly private bank, CIB has built an extensive domestic network of branches and digital channels to serve a broad customer base across urban and rural markets. The bank’s core operations encompass retail banking, corporate and investment banking, treasury and capital markets, trade finance and risk management.

In its retail segment, CIB provides deposit accounts, credit and debit cards, personal and mortgage loans, auto finance and wealth management advisory.