SAIB will distribute dividends of $7.5 million for 2019
Societe Arabe Internationale de Banque
SAIB
SAIB
Cairo – Mubasher: The shareholders of Societe Arabe Internationale de Banque (SAIB) have approved paying out cash dividends at a total value of $7.5 million for last year.
During the ordinary general meeting (OGM), SAIB’s shareholders have also approved the balance sheet and financial statements for 2019, according to the bank’s disclosure to the Egyptian Exchange (EGX) on Thursday.
It is noteworthy that in 2019, the bank reported $12.39 million net profits, versus net losses of $19.25 million in 2018.
Source:
Mubasher
