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Export Development Bank profit distribution & selling fixed assets




: Export Development Bank (EXPA) declared in a statement sent to EGX, the ordinary and extraordinary general assembly meetings were held on October 08.
The OGM ratified the financial results for the fiscal period ending June 30, 2018, as well as the profit distribution for the same fiscal period.
OGM also ratified to be licensed to use the allocated amounts in non-earmarked purposes and utilize the capital hike expenses.
The EGM approved selling the Bank fixed assets and transmission of the Bank headquarter, it approved amending articles No. 3, 19, 35 and 44 articles of association adding a new article.


Time Added: 2018-10-11 13:59:10
Source: arabfinance
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