Concord International Investments Group, LP

Corporate Finance Advisory

The Concord Group established MIBC in 2001 to pursue corporate finance activities. MIBC is active in advising equity and bond issuers, project financing and corporate structuring. 

MIBC’s mandates have included:

  • Managing a EGP 300 million note issue for Citicorp, New York denominated in Egyptian Pounds

  • Sponsoring the creation of a new company owned by the Egyptian Post Office Authority, Banque Misr, Commercial International Bank and the Inclusion Group of The Netherlands for the creation of Egypt’s first Giro payment system

  • Serving as advisor to the owners of 69 percent of Misr International Bank (MIBank) in conjunction with its sale for $383 million to National Societe Generale Bank, the Egyptian subsidiary of France’s Societe Generale

  • Advising Commercial International Bank (CIB) on the listing of its shares on the Abu Dhabi Securities Market (ADSM)

  • Acting as placing agent in the $150 million GDR offering of LECICO shares

  • Reviewing and advising Commercial International Bank on its credit risk assessment systems in connection with compliance with Basel II requirements

  • Advising the Egyptian Post Office in connection with its bid for Egypt’s third mobile license as part of the winning Etisalat consortium

  • Advising Banque Misr on the valuation of its unlisted and illiquid investments