April 1, 2021

Suez Canal Bank’s shareholders approve dividends-Egypt


rabFinance: Suez Canal Bank’s (CANA) ordinary general assembly approved the distribution of EGP 740,326,000, an equivalent of 0.32014818 free share for everyone held, according to the bank’s statement filed to the Egyptian Exchange.

The distribution will increase the issued and paid-in capital to EGP 2.904 billion from EGP 2.200 billion.

The listed bank issued 15 bonds and sukuk worth EGP 2.8 billion.

Suez Canal Bank is an Egypt-based company engaged in providing corporate, retail, and investment banking products and services.

The bank's range of banking products includes direct and indirect finance, loans, social funds, deposits, savings, credit cards, issuance of letters of guarantee, and other Islamic banking services, in addition to technical, economic, financial, administrative, and consultative services.

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Categories : banking

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