{"id":651608,"date":"2017-02-16T04:17:55","date_gmt":"2017-02-16T04:17:55","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/"},"modified":"2017-02-16T04:17:55","modified_gmt":"2017-02-16T04:17:55","slug":"cib-agm-on-14-march","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/","title":{"rendered":"CIB AGM on 14 March"},"content":{"rendered":"<p>Leading private-sector bank <strong>CIB will hold its annual general meeting on 14 March<\/strong> to discuss dividend distribution for FY2016, according to a <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/199113_1.pdf\">regulatory filing<\/a>. CIB\u2019s board <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/02\/cib-approves-tier-2-capital-loan-of-up-to-usd-300-mn\/\">has recommended<\/a> a dividend payout of EGP 0.50 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leading private-sector bank CIB will hold its annual general meeting on 14 March to discuss dividend distribution for FY2016, according to a regulatory filing. CIB\u2019s board has recommended a dividend payout of EGP 0.50 per share.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-651608","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d5bdddad-3e6a-43d8-a1cc-4aa628c8db02","order":"0","is_powered_by":true,"section_story_id":"22e849de-d4ed-4b06-be5c-1b0cfe060817","story_type":"1","photo_url":"","photo_position":"above","related_issue":[651589],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>CIB AGM on 14 March - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIB AGM on 14 March\" \/>\n<meta property=\"og:description\" content=\"Leading private-sector bank CIB will hold its annual general meeting on 14 March to discuss dividend distribution for FY2016, according to a regulatory filing. CIB\u2019s board has recommended a dividend payout of EGP 0.50 per share.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-16T04:17:55+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CIB AGM on 14 March\",\"datePublished\":\"2017-02-16T04:17:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/\"},\"wordCount\":39,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/\",\"name\":\"CIB AGM on 14 March - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-02-16T04:17:55+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CIB AGM on 14 March\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CIB AGM on 14 March - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/16\/cib-agm-on-14-march\/","og_locale":"en_US","og_type":"article","og_title":"CIB AGM on 14 March","og_description":"Leading private-sector bank CIB will hold its annual general meeting on 14 March to discuss dividend distribution for FY2016, according to a regulatory filing. 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The dividend will be distributed on 28 March.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651017,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/02\/cib-approves-tier-2-capital-loan-of-up-to-usd-300-mn\/","url_meta":{"origin":651608,"position":1},"title":"CIB approves Tier 2 capital loan of up to USD 300 mn","author":"enterpriseam admin","date":"2 February 2017","format":false,"excerpt":"CIB board approves EGP 0.50 per share dividend, will seek USD 300 mn facility to augment tier two capital. The board of directors of leading commercial bank CIB has approved plans seek a facility of up to USD 300 mn to bolster its tier two capital, the bank said in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559241,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/14\/its-gonna-be-ok\/","url_meta":{"origin":651608,"position":2},"title":"It\u2019s gonna be ok\u2026","author":"enterpriseam admin","date":"14 January 2021","format":false,"excerpt":"Why the market accepted the Central Bank of Egypt\u2019s freeze on cash dividends without batting an eyelid. Picking up where we left off yesterday: The Central Bank of Egypt has barred banks from paying out cash dividends from 2020 profits to ensure the system has sound as covid continues to\u2026","rel":"","context":"In &quot;ANALYSIS&quot;","block_context":{"text":"ANALYSIS","link":"https:\/\/enterpriseam.com\/egypt\/category\/analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/166.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":585945,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/02\/saudi-net-foreign-assets-slump-to-13-year-low\/","url_meta":{"origin":651608,"position":3},"title":"Saudi net foreign assets slump to 13-year low","author":"enterpriseam admin","date":"2 May 2023","format":false,"excerpt":"This comes despite a bumper dividend payout from Aramco","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/71.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569468,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/25\/ibnsina-registers-profits-of-egp-328-7-bn-in-2019\/","url_meta":{"origin":651608,"position":4},"title":"Ibnsina registers profits of EGP 328.7 bn in 2019","author":"enterpriseam admin","date":"25 February 2020","format":false,"excerpt":"EARNINGS WATCH- Ibnsina Pharma posted annual net profits of EGP 328.77 bn in 2019, a 25.24% y-o-y increase from the same period in 2018, according to a regulatory filing (pdf). 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