Egyptian Exchange Executes 2.45 Billion EGP Block Trade on Commercial International Bank (CIB) Shares
The Egyptian Exchange (EGX) announced today the execution of a massive transaction on the shares of the Commercial International Bank (CIB) – Egypt, utilizing the market's Block Trading mechanism.
The official EGX disclosure detailed that the transaction encompassed 18.45 million shares of CIB, with the total execution value amounting to approximately 2.456 billion EGP.
The Block Trading mechanism is a specialized trading facility deployed to execute transactions involving extraordinarily large volumes of shares for listed companies, ensuring these massive trades are processed according to strict regulatory frameworks without disrupting the standard open market order book.
Robust H1 2026 Financial Performance
The block trade aligns with a period of significant financial growth for Egypt's largest private-sector bank. CIB reported a substantial surge in its consolidated net profit for the first half of the year (January through the end of June 2026).
The table below outlines the bank's core financial and capital structure metrics:
Financial MetricReported Figures
H1 2026 Consolidated Net Profit39.31 Billion EGP
H1 2025 Consolidated Net Profit33.34 Billion EGP
Net Profit Growth5.97 Billion EGP
Issued and Paid-up Capital34.05 Billion EGP
Total Outstanding Shares3.405 Billion Shares
Nominal Value per Share10 EGP