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FIRST INVESTMENT BANKING CONSORTIUM
(FIBC)
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INTRODUCTION :

Formed in 1998, the First Investment Banking Consortium (FIBC) was established with the explicit aim of assessing, under- writing and promoting, with a view to selling public sector enterprises. These entities are under the aegis of the Public Enterprise Office’s privatization program up to 2000 .

TRACK RECORD :

The FIBC consortium enjoys highly technical operations especially in the field of corporate finance and financial advisory services.

The consortium has entered into strategic alliances with several major investment banks in Europe and USA.

FINANCIAL SERVICES :

. Provide general financial advice, especially for corporate finance and capital structure.

. Raise equity capital and debt finance.

. Underwrite company floatation and sponsor listings on the Egyptian Stock Exchanges.

. Advise governmental and private sector corporate entities on the privatization program.

. Initiate and execute mergers and acquisitions on behalf of clients.


WHY FIBC :
- Financial strength to consummate deals - Team of highly skilled professionals - In-depth knowledge of the local market - Strong contacts with governmental agencies - Integrated package of investment products - Objectivity, creativity, flexibility & integrity - State of the art technology


SCOPE OF WORK :
. Preparation of assets for sale . Packaging of the offer . Pricing and underwriting . Listing on the Stock Exchange . Offer execution



TARGET BUSINESS PLAN:
MISSION STATEMENT :
To form a fully integrated investment banking arm for all it’s members .
ACTION STEPS :
- Establish a Private Equity Fund (closed) to invest in Pre - IPO situations related to private sector characterized by an acceptable profit growth pattern
- Establish an integrated body through exchange of shares among the consortium members. This will serve to maximize earnings derived from financial intermediary services (Fee based income). This is to ensure capitalizing on the synergy of the members through: –Asset Management –Brokerage –Underwriting –Corporate Establishment –Direct Investment –Corporate Advisory Service
CLOSING STATEMENT :
The ultimate aim of FIBC is to establish an efficient and fully integrated business sourcing network in Egypt and the neighboring countries .