ArabFinance: The Commercial International Bank (COMI) (CIB) called for holding ordinary & extraordinary general assemblies' meetings on March 15.

The extraordinary general assembly will review delegating the board of directors the power to issue financial instruments in the form of bonds or subordinated loans for an aggregate amount of EGP 15 billion or its equivalent in foreign currency.

The ordinary general assembly will discuss the appropriation account for the year 2019 and delegating the board to set and approved guidelines for the staff profits share distribution. It will also review the financial results for 2019.

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