CI Capital advises on United Bank’s EGP 4.57bn IPO on Egyptian Exchange
CI Capital has announced the successful execution of the EGP 4.57bn initial public offering (IPO) of United Bank, marking a significant milestone in the Egyptian financial market. This transaction, one of the largest in recent years, makes United Bank the
Souhoola completes EGP 478m securitization bond issuance
BM Consumer Finance (Souhoola), a consumer finance company, has completed ab EGP 478m (approximately $15.7m) securitized bond issuance in three tranches, the company announced. CI Capital acted as the issuance manager and principal coordinator for the transaction. The issuance, Souhoola’s
CI Capital opens subscription for Egypt’s first sector-focused equity fund
CI Capital Asset Management has announced that subscriptions to the CI Assets Management Sector Investment Fund, Egypt’s first multi-sector equity fund, will open Monday, for a two-month subscription period. The fund targets investments in equities of companies listed on the
CI Capital concludes EGP 884m securitized bond issuance for Reefy Microfinance
CI Capital, the leading diversified financial services group, announced Wednesday the conclusion of EGP 884m securitized bond issuance for Reefy Microfinance Enterprise Services, which acted as the originator of the portfolio. Reefy’s issuance comes in 3 tranches: the first valued
CI Capital concludes EGP 3.919bn securitised bond issuance for Tasaheel Finance
CI Capital, the leading diversified financial services group, announced Sunday the conclusion of EGP 3.919bn securitised bond issuance for Capital for Securitization, on behalf of Tasaheel Finance, who acted as the originator of the portfolio. The issuance comes in six
United Bank to offer 30% on EGX in Q4
United Bank will offer 30% of its shares on the Egyptian Exchange (EGX) during the last quarter of this year. According to a statement issued by the bank on Monday, CI Capital has been appointed to promote and cover
Eissa appointed as CI Capital’s non-executive chairperson
CI Capital Holding for Financial Investments announced appointing Ahmed Eissa as a non-executive chairperson, representing Banque Misr. Eissa will succeed Mohamed El-Etreby, who was thanked for his distinguished efforts and outstanding contributions during his leadership of the company. CI Capital’s
Menthum, CI Capital Asset Management launch US Dollar fixed income fund in Egypt – Dailynewsegypt
Menthum, Egypt’s digital savings platform, has launched the “Menthum USD Fixed Income Fund,” a US dollar-denominated fixed-income mutual fund designed to provide individuals and businesses with a secure, high-yield, and liquid savings opportunity. The fund is a joint venture with
CI Capital completes securitization bond issuance worth EGP 1.04bn for Aman Consumer Finance – Dailynewsegypt
CI Capital has completed a securitization bond issuance for Aman Securitization, with Aman Consumer Finance as the originator and portfolio manager. This issuance, valued at EGP 1.04bn, is the fourth within the first program, spanning three years and totalling EGP
CI Capital achieves record-breaking 1Q24 results: EGP 2.9bn revenues, EGP 939m in profits – Dailynewsegypt
CI Capital announced Tuesday its financial results for 1Q24. Revenues increased by 79% year-on-year, reaching approximately EGP 2.9bn, while net profit after tax and minority interest recorded an impressive EGP 939m—a remarkable 194% year-on-year increase. The Group’s total on-balance sheet