Crédit Agricole Egypt To Distribute Dividends For Shareholders of April 22nd

Crédit Agricole Egypt (CIEB.CA) declared cash dividends no. (25) of EGP 0.64 per share payable on 26/04/2012.

Shareholders as of today closing session of 22/04/2012 are entitled to cash dividends distribution.

The cash dividends shall be distributed through the MCDR’s accredited centers. This comes after the Crédit Agricole’s Annual General Meeting (AGM), held on April 1st, agreed to distribute to the shareholders cash dividends of the gains posted during the fiscal year ended on December 31st, 2011.

The company posted net profits of EGP 306.630 million in 2011, lower 31.3%, noting that the net profits achieved in 2010 valued EGP 446.536 million.

GB Auto’s issued capital values at EGP 1.148 billion distributed to 287 million securities within a par value of EGP 4 a share.