Thndr Claps » EGY Claps » Earnings 📈 » CIB Announces its Earnings & Capital Increase Incoming💰
CIB has announced its annual earnings, as well as revealed plans to increase its paid-in capital.
More Details🧐 CIB (COMI) reported net profits of EGP 13.2 billion in 2021, up 29.4% YoY.
CIBs’ board agreed to a proposal to increase the paid-in capital, subject to the CBE’s approval.
Paid-in capital will increase by 16.5 million shares with a par value of EGP 10, an increase of EGP 165.4 million.
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