BLOM Bank
Lebanese Minister of Interior, Bassam Mawlawi, appealed to depositors of Lebanese banks not to use violence to restore their money.
Hafez attributed her action to the inability to pay the cost of the treatment of her ill sister, which pushed her to withdraw her frozen deposit.
The bank holds about 1 percent of the total domestic market.
The rise in the capital is to support the bank’s financial position and to increase the capital adequacy ratio.
Egypt's policy decisions last November to float the pound and subsequently raise interest rates have improved conditions for the banking sector.