Cairo – Mubasher: The Egyptian Exchange's (EGX) decided to suspend trading on the shares of Export Development Bank of Egypt (EBE) starting from 6 September. 

The trading will remain halted until the bank discloses the decisions of the board meeting held on 5 September, the EGX said in a statement on Monday. 

All orders and requests registered on the bank's shares prior to this announcement will be suspended. 

In fiscal year (FY) 2020/2021, the bank reported consolidated net profits of EGP 695.35 million, compared to EGP 1.103 billion in FY19/20, including minority shareholders' rights.