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Arab Finance – Al-Masry for Export Development approves the opening of nominations for membership in the Board of Directors


Al-Masry for Export Development approves the opening of nominations for membership in the Board of Directors

Arab Finance: Board of Directors approved Egyptian Export Development Bank (EXPA)Held on 10/3/2024 to open nominations for membership in the Board of Directors, according to statement Egyptian Stock Exchange.

He added that applications are scheduled to be received from 10-10-2024 to 10-31-2024, and the names of the candidates who have been approved by the Central Bank of Egypt will be presented to the General Assembly, which will consider the fiscal year ending on December 31, 2024 for their election.

On the results of its consolidated and unconsolidated operations for the financial period ending on 06/30/2024, it showed achieving a net profit. assembly It amounted to 1.287 billion pounds, compared to a combined net profit of 693.998 million pounds for the same period of the previous year.

The results for the financial period ending on 06/30/2024 also showed a net profit independent It amounted to 1.285 billion pounds, compared to an independent net profit of 698.308 million pounds for the same period of the previous year.

The Egyptian Export Development Bank (EBank) was established in 1983 with the aim of promoting Egyptian exports in all sectors (agricultural, industrial, commercial). EBank quickly distinguished itself as a center for export operations in Egypt. EBank's focus on customer satisfaction and interest in supporting exporters has earned it the trust of many small and medium enterprises (SMEs), financial institutions and individuals.

The bank plays an essential role locally and internationally. Locally through import substitution projects to support local producers, and internationally by contributing to the access of Egyptian products to global markets through financing export transactions. EBank's diverse and integrated services are available to all bank customers.

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