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CIB shareholders approve EGP 1.2 dividends/shr

CIB shareholders approve EGP 1.2 dividends/shr
Photo Credit: Arabianeye-Reuters
CIB
COMI
-3.05% 80.00 -2.52

Egypt's Commercial International Bank (CIB) said its ordinary general meeting (OGM) approved dividends distribution of EGP 1.2 per share for the fiscal year ended 31 December 2014.

Shareholders registered on the Egyptian Stock Exchange (EGX) until the close of trading on 30 March  2015 will be eligible for the dividend.

The bank capitalised at EGP 9.08 billion, divided into 908 million shares at EGP 10 par value each.