Arab Finance: Declare Bank of Arab International Banking Company (SAIB) On the approval of the Board of Directors held on 03/19/2025, on the list of proposed profits distributions to distribute Cash profits The shareholders have a value of 17,161,455 dollars, so that the share of one share in the distributions was raised in cash $ 0.5 per share, according to the company mentioned in its sending statement to the Egyptian Stock Exchange.
Indicators of uninterrupted business results showed Bank of Arab International Banking Company (SAIB)For the fiscal year ending on 12/31/2024, achieving a net profit of 34.323 million dollars for the profits of $ 3156 million during the comparative period of the previous fiscal year, with a change of 10%, according to To explain The Egyptian Stock Exchange.
The bank established in 1976, the bank is practicing all banking, financial and commercial investment businesses and contributing to the financing of economic, industrial, real estate and agricultural projects, in addition to financing Egypt's foreign trade. In addition to credit loans, the bank provides short and medium facilities, as well as bank retail products.
The bank also accepts deposits and issues savings certificates in the Egyptian pound and foreign currencies, and begins the works related to securities. Moreover, SAIB Bank, in addition to traditional banking services, provides products and services compatible with Islamic Sharia provisions through the Islamic branch.
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