Cairo – Mubasher: Union National Bank – Egypt (UNB) said Sunday that its extraordinary general meeting (EGM) has agreed to increase the bank’s issued and paid-up capital from EGP 1.33 billion to EGP 1.404 billion via distributing bonus shares.

The EGM also approved to amend articles number 6 and 7 of the statute, according to a bourse filing.

The stock rose last Thursday by 1.34% to EGP 6.03.