Cairo – Mubasher: The ordinary general meeting (OGM) of the Commercial International Bank – Egypt (CIB) will discuss on 18 July raising its capital from EGP 11.6 billion to EGP 14.52 billion via distributing 1-for-4 bonus shares.
The OGM will also look into the changes in the bank’s board of directors, a bourse filing said on Tuesday.
The bank had earlier posted a net profit of EGP 1.75 billion for the first quarter of fiscal year 2017.
