CIB to pay LE1 per share dividend

Reuters, Monday 4 Apr 2011

Commercial International Bank (CIB), Egypt's biggest private bank by assets, announced it will distribute a cash dividend of LE1 per share, the bourse said on Monday.

The bank said in a statement it would make the payment on 7 April for holders of the share until Monday's close.

Shares in CIB closed on Sunday at LE33.3, valuing the bank at some LE19.268bn.

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