Nasser Social Bank raises capital to EGP2.2bn

Cairo – Mubasher: Nasser Social Bank board of directors gave a nod to raise its capital by EGP 200 million to EGP 2.2 billion, according to an official press statement.

The board also approved a budget worth EGP11.37 billion for the fiscal year 2016/17, up by EGP 975 a year earlier.

The bank has provided total loans amount to EGP5.39 billion to its clients in FY15/16.

Mubasher Contribution Time: 25-Oct-2016 07:45 (GMT)
Mubasher Last Update Time: 25-Oct-2016 07:45 (GMT)