Commercial International Bank Egypt SAE
OTC:CIBEY
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| EG |
|
Commercial International Bank Egypt SAE
OTC:CIBEY
|
5.2B USD |
46%
|
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
801B USD |
17%
|
|
| ZA |
A
|
Absa Bank Ltd
JSE:ABSP
|
432.9B Zac |
11%
|
|
| ZA |
C
|
Capitec Bank Holdings Ltd
JSE:CPI
|
396.9B Zac |
30%
|
|
| CN |
|
Industrial and Commercial Bank of China Ltd
SSE:601398
|
2.8T CNY |
9%
|
|
| ZA |
S
|
Standard Bank Group Ltd
JSE:SBK
|
363.6B Zac |
16%
|
|
| US |
|
Bank of America Corp
NYSE:BAC
|
355B USD |
2%
|
|
| CN |
|
Agricultural Bank of China Ltd
SSE:601288
|
2.2T CNY |
9%
|
|
| US |
|
Wells Fargo & Co
NYSE:WFC
|
272B USD |
10%
|
|
| CN |
|
Bank of China Ltd
SSE:601988
|
1.7T CNY |
8%
|
|
| CN |
|
China Construction Bank Corp
SSE:601939
|
1.6T CNY |
10%
|
Commercial International Bank Egypt SAE
Glance View
Commercial International Bank Egypt SAE (CIB) stands as a towering figure in the Egyptian banking sector, having carved out an impressive trajectory since its inception in 1975. Originally established as a joint venture between the National Bank of Egypt and Chase Manhattan Bank, it shifted its focus towards becoming a privately-run institution in the 1980s, setting the stage for its current reputation as the largest private-sector lender in Egypt. CIB's journey has been marked by a strategic emphasis on innovation, customer service, and risk management, allowing it to thrive amidst the challenges inherent in Egypt's dynamic economic landscape. The bank has adeptly positioned itself as a leader in corporate, retail, and investment banking, with a broad range of financial solutions tailored to meet the needs of a diverse customer base, from large corporations and SMEs to individual consumers. The bank’s business model revolves around leveraging its expansive network of branches and digital platforms to provide comprehensive banking services. CIB generates revenues through a well-balanced mix of net interest income, derived from its extensive lending activities, and fee-based income from services such as advisory, asset management, and brokerage. By harnessing its strong capital base and robust operational framework, CIB has sustained a pattern of growth oriented towards enhancing shareholder value. Furthermore, its commitment to sustainable banking practices, characterized by investments in technology and risk mitigation, underscores its ongoing drive to remain a resilient and adaptive force within the ever-evolving financial sector in Egypt and beyond.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Commercial International Bank Egypt SAE's most recent financial statements, the company has ROE of 46.3%.
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