عربــى

EGX 30 14,745.10 -0.05%



Suez Canal Bank amends authorized capital to EGP 5B

Suez Canal Bank amends authorized capital to EGP 5B

ArabFinance: Suez Canal Bank’s (CANA) extraordinary general meeting (EGM) approved amending Article (6) from the bank’s articles of association, the company said Thursday in a statement to EGX.

Under the amendment, the bank’s authorized capital was increased to EGP 5 billion, up from EGP 2 billion.

Moreover, the bank’s ordinary general meeting (OGM) mandated the bank’s budget and the financial statements for the fiscal year ended December 31, 2018.

Both the EGM and OGM were held on April 4.

All rights reserved to Arab Finance 2015 ©

Back to top