Cairo – Mubasher: The shareholders of Export Development Bank of Egypt (EBE) approved a two-for-10 bonus issue.
The lender will issue bonus shares valued at EGP 545.6 million for the earnings of fiscal year 2019/2020, according to a bourse disclosure on Thursday.
During FY19/20, EBE achieved net profits of EGP 1.103 billion, slightly down from EGP 1.116 billion a year earlier.
