Hisham Ezz Al-Arab, the former president of the Commercial International Bank, issued a statement a short while ago, announcing his departure from the bank, which is his first comment on the current crisis related to the bank.
The comment of Hisham Ezz Al-Arab, former president of the Commercial International Bank, after his departure:
The official statement that Hisham Ezz Al-Arab published on his official account on the social networking site Facebook included, and he said that during the 21 years of my service with the Commercial International Bank, we built an institution and its market value increased to more than $ 6 billion from $ 150 million and we were recognized in this Operation as the best bank in global emerging markets over 3 years.
Hisham Ezz Al-Arab added, “Through that long mission, I had planned to step down from the position of chairman and managing director last year, but at that time a number of shareholders asked me to continue for another 12 months.
And Hisham Ezz Al-Arab said, “In light of the current situation with the Central Bank of Egypt, I have decided that the time has come to end my journey with the Commercial International Bank. .
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