Cairo – Mubasher: Qatar National Bank (QNB AlAhli) said its extraordinary general meeting (EGM) approved to increase issued and paid capital from EGP 7.3 billion to EGP 8.9 billion, according to a statement.
During their EGM, the shareholders agreed to raise the issued capital by EGP 1.48 billion to be transferred from the general reserve, as well as to distribute bonus shares on a 2-for-10 basis.
The EGM also approved to increase the licensed capital from EGP 10 billion to EGP 15 billion.
