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Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Arab African International Bank - AAIB (البنك العربي الأفريقي الدولي)
Main Activities: Banking and Credit Intermediation
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Company Information |
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Full name Arab African International Bank - AAIB (البنك العربي الأفريقي الدولي) Headquarters P.O. Box 60, Arab African International Bank Building, 5 Midan Al Saray Al Koubra Street, Garden City, Cairo 11516.; Cairo; Greater Cairo |
Status: Delisted Legal Form: Joint Stock Company Operational Status: Operational Financial Auditors: "Hazem Hassan, Mansour Price Water House" (2010) Incorporation Date: February 12, 1964 Total Employees: 1,100 Tel: 20 227922881 / 2 / 3 |
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Company Description |
| Arab African International Bank was incorporated in 1964, under law number 45 of the year 1964, as the first Arab multinational bank in Egypt. It was established by a Special Law as a joint venture between the Central Bank of Egypt and Kuwait Investment Authority. AAIB’s products and services are designed to meet the evolving needs of corporate clients. It has a big number of branches in many countries reaching 24 in Egypt, 2 in United Arab Emirates (Dubai, Abu Dhabi). It also has a branch in Lebanon(Beirut). | ||
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Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2011, total net operating revenues increased with 6.36%, from EGP 2,548,347 thousands to EGP 2,710,380 thousands. The results of the period decreased -12.01% reaching EGP 722,370 thousands at the end of the period against EGP 820,944 thousands last year. Return on equity (Net income/Total equity) went from 20.66% to 15.69%, the Return On Asset (Net income / Total Asset) went from 1.70% to 1.63% and the Net Profit Margin (Net Income/Net Sales) went from 32.21% to 26.65% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 864.59% compared to 1117.65% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.11 to 1.24 when compared to the previous year. |
Key Executives |
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FULL COMPANY PROFILE
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2011 Y (cons) |
2010 Y (cons) |
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| Audited | Audited | |
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| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
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| Unit | Thousands | Thousands |
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Balance Sheet
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Total Assets |
44,398,890 |
48,384,387 |
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Current Assets |
40,822,860 |
3,990,700 |
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Total Liabilities |
39,796,020 |
44,410,790 |
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Shareholders Equity |
4,602,870 |
3,973,597 |
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Current Liabilities |
32,805,150 |
35,323,396 |
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| * All the accounts are in EGP. | ||
Income Statement
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Total Operating Revenue |
2,710,380 |
2,548,347 |
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Net Profit (Loss) |
722,370 |
820,944 |
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| * All the accounts are in EGP. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
1.63% |
1.7% |
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Annualised Return on Assets (ROA) |
1.63% |
1.7% |
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Return on Equity (ROE) |
15.69% |
20.66% |
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Annualised Return on Equity (ROE) |
17.36% |
14,400% |
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Return on Sales (ROS) |
26.65% |
32.21% |
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Gross Profit Margin |
100% |
100% |
| Efficiency Ratios | ||
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Current asset turnover |
0.07x |
0.64x |
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Fixed-asset turnover |
0.76x |
0.06x |
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Asset Turnover |
0.06x |
0.05x |
| Valuation figures and ratios | ||
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Bookvalue (BV) |
4,602,870 |
3,973,597 |
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Net Cash |
-38,530,380 |
-40,420,090 |
| Liquidity Ratios | ||
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Current Ratio |
124.44% |
11.3% |
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Quick ratio |
124.44% |
11.3% |
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Doom's day ratio |
3.86% |
11.3% |
| Leverage Ratios | ||
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Leverage ratio |
964.59% |
1,217.65% |
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Debt to equity |
864.59% |
1,117.65% |
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Debt to total assets |
89.63% |
91.79% |
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Long Term Debt to Capital |
60.3% |
69.58% |
| Trend Ratios | ||
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Revenue Trend |
106.36% |
103.23% |
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Net Income Trend |
87.99% |
100% |
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