Cairo – Mubasher: The ordinary general meeting (OGM) of National Bank of Kuwait – Egypt (NBK Egypt) approved the board’s proposal regarding distributing cash dividends for 2019.
The lender’s shareholders agreed to distribute EGP 187.5 million or EGP 1.25 per share as cash dividends for 2019 in two payments of EGP 75 million and EGP 112.5 million, according to a bourse statement on Sunday.
For the full-year 2019, NBK Egypt’s net profits rose to EGP 2.168 billion from EGP 2.002 billion in 2018.
