ADIB-Egypt bank to hike capital to EGP 5 billion in August

Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt) said on Monday it plans to hike its issued and paid-up capital to 5 billion Egyptian pounds ($273.2 million) at the end of next August.

In a bourse filling, ADIB-Egypt said it had sent its capital boost plan to the Central Bank of Egypt (CBE).