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Maroc Maroc - DAILYNEWSEGYPT.COM - Global - 02/Jul 21:13

Industrial Development Bank approves EGP 5bn capital increase, boosting Banque Misr’s stake

The General Assembly of the Industrial Development Bank (IDB) has approved an increase in the bank’s issued and paid-up capital from EGP 500m to EGP 5bn, in compliance with the requirements of the Central Bank of Egypt. This move also raises Banque Misr’s stake in the capital of IDB to 85.04%. Additionally, the assembly approved […]

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