As filed with the Securities and Exchange Commission on March 15, 2004
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM F-6
REGISTRATION STATEMENT
under
THE SECURITIES ACT OF 1933
For Depositary Shares Evidenced by American Depositary Receipts
of
COMMERCIAL INTERNATIONAL BANK (EGYPT) S.A.E.
(Exact name of issuer of deposited securities as specified in its charter)
N/A
(Translation of issuer's name into English)
THE ARAB REPUBLIC OFEGYPT
(Jurisdiction of incorporation or organization of issuer)
THE BANK OF NEW YORK
(Exact name of depositary as specified in its charter)
One Wall Street New York, N.Y. 10286
(212) 495-1727
(Address, including zip code, and telephone number, including area code, of depositary's principal executive offices)
_______________________
Christopher R. Sturdy
The Bank of New York
101 Barclay Street, 22nd Floor
New York, New York, 10286
(212) 815-2095
(Address, including zip code, and telephone number, including area code, of agent for service)
Copies to: |
Peter B. Tisne, Esq. Emmet, Marvin & Martin, LLP 120 Broadway New York, New York 10271 (212) 238-3010 | Louise Roman Bernstein, Esq. Dewey Ballantine 1 Undershaft London EC3A 8LP United Kingdom 44 207 456 6082 |
For Further Information Contact:
Christopher R. Sturdy
The Bank of New York
ADR Department
101 Barclay Street, 22nd Floor
New York, New York, 10286
(212) 815-2095
It is proposed that this filing become effective under Rule 466
[ ] immediately upon filing
[ ] on ( Date ) at ( Time ).
If a separate registration statement has been filed to register the deposited shares, check the following box. [ ]
CALCULATION OF REGISTRATION FEE
Title of each class of Securities to be registered | Amount to be registered | Proposed maximum aggregate price per unit(1)(2) | Proposed maximum aggregate offering price(2) | Amount of registration fee |
American Depositary Shares evidenced by American Depositary Receipts, each American Depositary Share representing ordinary shares, par value £E10 each, of Commercial International Bank (Egypt) S.A.E. | 50,000,000 American Depositary Shares | $5.00 | $2,500,000 | $316.75 |
1
For the purpose of this table only the term "unit" is defined as 100 American Depositary Shares.
2
Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fee or charges to be imposed in connection with the issuance of American Depositary Receipts evidencing American Depositary Shares.
The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a) may determine.
_______________________
The prospectus consists of the proposed form of American Depositary Receipt included as Exhibit A to the form of Deposit Agreement filed as Exhibit 1 to this Registration Statement which is incorporated herein by reference.
PART I
INFORMATION REQUIRED IN PROSPECTUS
Item - 1.
Description of Securities to be Registered
Cross Reference Sheet
Item Number and Caption | Location in Form of Receipt Filed Herewith as Prospectus |
1. Name and address of depositary | Introductory Article |
2. Title of American Depositary Receipts and identity of deposited securities | Face of Receipt, top center |
Terms of Deposit: | |
(i) The amount of deposited securities represented by one unit of American Depositary Receipts | Face of Receipt, upper right corner |
(ii) The procedure for voting, if any, the deposited securities | Articles number 15, 16 and 18 |
(iii) The collection and distribution of dividends | Articles number 4, 12, 13, 15 and 18 |
(iv) The transmission of notices, reports and proxy soliciting material | Articles number 11, 15, 16 and 18 |
(v) The sale or exercise of rights | Articles number 13, 14, 15 and 18 |
(vi) The deposit or sale of securities resulting from dividends, splits or plans of reorganization | Articles number 12, 13, 15, 17 and 18 |
(vii) Amendment, extension or termination of the deposit agreement | Articles number 20 and 21 |
(viii) Rights of holders of Receipts to inspect the transfer books of the depositary and the list of holders of Receipts | Article number 11 |
(ix) Restrictions upon the right to deposit or withdraw the underlying securities | Articles number 2, 3, 4, 5, 6, 8 and 22 |
(x) Limitation upon the liability of the depositary | Articles number 14, 18 and 21 |
3. Fees and Charges | Articles number 7 and 8 |
| |
Item - 2.
Available Information
Statement that Commercial International Bank of Egypt furnishes the Commission with certain public reports and documents required by foreign law or otherwise under Rule 12g3-2(b) under the Securities Exchange Act of 1934 and that such reports can be inspected by holders of American Depositary Receipts and copied at public reference facilities maintained by the Commission in Washington, D.C. | Article number 11 |
PART II
INFORMATION NOT REQUIRED IN PROSPECTUS
Item - 3.
Exhibits
a.
Form of Deposit Agreement dated as of ____________, 2004, among Commercial International Bank (Egypt) S.A.E., The Bank of New York as Depositary, and all Owners and holdersfrom time to time of American Depositary Receipts issued thereunder. - Filed herewith as Exhibit 1.
b.
Any other agreement to which the Depositary is a party relating to the issuance of the Depositary Shares registered hereby or the custody of the deposited securities represented. - Not Applicable.
c.
Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. - See (a) above.
d.
Opinion of Emmet, Marvin & Martin, LLP, counsel for the Depositary, as to legality of the securities to be registered. - Filed herewith as Exhibit 4.
e.
Certification under Rule 466. - Not Applicable.
Item - 4.
Undertakings
(a)
The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the ADRs, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.
(b)
If the amounts of fees charged are not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an ADR thirty days before any change in the fee schedule.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on March 15, 2004.
Legal entity created by the agreement for the issuance of American Depositary Receipts for ordinary shares, £E10 each, of Commercial International Bank (Egypt) S.A.E.
By:
The Bank of New York,
As Depositary
By: /s/ Vincent J. Cahill, Jr.
Name: Vincent J. Cahill, Jr.
Title: Vice President
Pursuant to the requirements of the Securities Act of 1933, Commercial International Bank (Egypt) S.A.E.has caused this Registration Statement to be signed on its behalf by the undersigned thereunto duly authorized, in the City of Cairo, Egypt on March 15, 2004.
Commercial International Bank (Egypt) S.A.E.
Commercial International Bank (Egypt) S.A.E.
By: /s/ Sahar El Sallab Name: Sahar El Sallab Title: Managing Director | By:/s/ Hisham Hassan Name: Hisham Hassan Title: General Manager, Financial Institutions & Correspondent Banking Group |
Each person whose signature appears below hereby constitutes and appointsMrs. Sahar El Sallaband/orMr. Hisham Hassan,and each of them severally, his true and lawful attorney-in-fact with power of substitution and resubstitution to sign in his name, place and stead in any and all capacities the Registration Statement and any and all amendments thereto (including post-effective amendments) and any documents in connection therewith, and to file the same with the Securities and Exchange Commission, granting unto each of said attorneys full power to act with or without the other, and full power and authority to do and perform, in his name and on his behalf, every act whatsoever which such attorneys, or any one of them, may deem necessary or desirable to be done in connection therewith as fully and to all intents and purposes as he might or could do in person, hereby ratifying and confirmin g all that said attorney-in-fact, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated and on March 15, 2004.
/s/ Hisham Ezz Al-Arab Name: Hisham Ezz Al-Arab Chairman and Managing Director
| /s/ Hisham Hassan Name: Hisham Hassan General Manager, Financial Institutions & Correspondent Banking Group (principal executive officer) |
/s/ Mohamed Ashmawy Name: Mohamed Ashmawy Vice Chairman and Managing Director
|
/s/ Mahmoud Anwar Name: Mahmoud Anwar General Manager, Management Information & Financial Controls (principal financial and accounting officer) |
/s/ Sahar El-Sallab Name: Sahar El-Sallab Managing Director (principal executive officer)
|
/s/ Naguib Zaafan Name: Naguib Zaafan General Manager, Financial Controls (principal financial and accounting officer) |
/s/ Mahmoud M. Helal Name: Mahmoud M. Helal Member
|
/s/ Dr. William M. Michael Name: Dr. William M. Michael Member
|
/s/ Mahmoud M. Fahmy Name: Mahmoud M. Fahmy Member |
THE BANK OF NEW YORK
By:/s/ Vincent J. Cahill, Jr. Name: Vincent J. Cahill, Jr. Title: Vice President |
Authorized Representative in the United States |
INDEX TO EXHIBITS
Exhibit Number | Exhibit |
1 | Form of Deposit Agreement dated as of ____________, 2004, among Commercial International Bank (Egypt) S.A.E., The Bank of New York as Depositary, and all Owners and holdersfrom time to time of American Depositary Receipts issued thereunder. |
4 |
Opinion of Emmet, Marvin & Martin, LLP, counsel for the Depositary, as to legality of the securities to be registered. |