Arab Finance: A company announced Egyptian Export Development Bank (ExPa)On the approval of the Board of Directors held on 04/23/2025, the proposal to increase the capital of the source and driven bank from 9.89 billion pounds to 13.6 billion pounds, an increase of 3.7 billion pounds, according to the company stated in Its statement The sender to the Egyptian Stock Exchange.
The bank explained that the increase by distributing free shares by 0.374 shares per share, financing from the detained profits and the profits of the year shown by the lists of 2024.
The Council also approved the amendment of Articles 6 and 7 of the Basic Law based on the increase in the issued and paid capital.
The Egyptian Bank for Export Development (EBank) was established in 1983 for the purpose of strengthening Egyptian exports in all sectors) agricultural, industrial, commercial). Soon, EBank was distinguished as a center of export operations in Egypt. EBANK concentration is the satisfaction of customers and its interest in supporting exporters, earning him the confidence of many small and medium -sized companies (SMES), financial institutions and individuals.
The bank occupies a local and international essential role. Locally through imports of imports and this to support local producers, and at the international level by contributing to the arrival of Egyptian products to the global markets by financing export transactions. Various and integrated EBank services are available to all bank customers.
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