Home MoneyBanks ADIB-Egypt bank to hike capital to EGP 5 billion in August

ADIB-Egypt bank to hike capital to EGP 5 billion in August

by Mostafa Mahmoud
Abu Dhabi Islamic Bank (ADIB)

Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) said on Monday it plans to hike its issued and paid-up capital to 5 billion Egyptian pounds ($273.2 million) at the end of next August.

In a bourse filling, ADIB-Egypt said it had sent its capital boost plan to the Central Bank of Egypt (CBE).

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