Cairo – Mubasher: Credit Agricole Egypt’s ordinary general meeting (OGM) has approved a cash dividend distribution to shareholders for fiscal year 2018 of EGP 4.24 per share.
The eligibility of dividends will be for shareholders registered until 15 April, the bank said in a statement to the Egyptian Exchange (EGX) on Wednesday.
The dividends will be paid as of 18 April, according to the statement.
Moreover, the extraordinary general meeting (EGM) has approved the proposed amendments of articles 19 and 23 of the company’s article of association.
In February, Credit Agricole reported a consolidated profit of EGP 2.2 billion for 2018, versus EGP 1.95 billion in 2017.