NSGB to pay cash dividend

Reuters
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Egypt’s National Societe Generale Bank (NSGB), Egypt’s fourth-biggest bank by assets, approved a dividend of LE 1.25 ($0.2) per share, the stock exchange said on Sunday.

The dividends will be paid starting April 22, the firm’s statement to the stock exchange said. NSGB’s 2009 net profit rose 4.1 percent to LE 1.18 billion ($215 million).

In 2009 the bank paid a dividend of LE 0.9.

 

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