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QNB Alahli to distribute dividends

QNB Alahli to distribute dividends

ArabFinance:  Qatar National Bank Alahli (QNB Alahli) (QNBA) will distribute cash dividends of EGP 1 per share on July 8th, according to the company’s statement filed the Egyptian Exchange.

The company stated the dividends will be disbursed to the shareholders recorded on July 5th.

On June 3rd, the Egyptian Exchange approved listing the bank's share of issued and paid-up capital increase as well as its par value after splitting. 

The bank increased the capital by EGP 979,464,980 from EGP 9,794,649,850 to EGP 10,774,114,830.

QNB Alahli, formerly National Societe Generale Bank, is an Egypt-based bank that offers corporate and retail banking to corporate, and medium and small enterprises, as well as individuals. The bank is organized into three business segments: retail banking, corporate and investment banking, and Tawazon Fund.

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