Arab Finance: The Commercial International Bank (CIB) will pay cash dividends of EGP 0.55 per share to shareholders for 2023 as of April 24th, the bank stated on March 31^st.

Shareholders of record date on April 21st will be eligible to receive the dividends.

The CIB’s ordinary general meeting (OGM) recently approved raising the bank’s issued and paid-up capital to EGP 30.432 billion from EGP 30.195 billion by EGP 236.57 million distributed over 23.657 million shares at a par value of EGP 10 per share.

The leading private sector bank in Egypt provides banking services across the country through more than 200 branches and units.

The bank's segments include corporate banking, investment banking, retail banking, treasury and capital market services, and others.

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