Egypt: EBank’s shareholders pass dividends for 2023

The bank’s total assets surged to $2.49bln last year

Staff Writer, Mubasher

March 29, 2024

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Cairo – The ordinary general meeting (OGM) of the Export Development Bank of Egypt (EBank) approved the distribution of EGP 2.45 billion in cash dividends for 2023, according to a bourse filing.

EBank’s consolidated net profits after tax hit EGP 3.40 billion in 2023, up from EGP 1.33 billion a year earlier.

The bank’s total assets surged to EGP 118.42 billion last year from EGP 98.32 billion in 2022.

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