Capital Market Services آ¨ Securities Department: آ§ Business Incorporation and Subscription Organization آ· Issuing deposit certificates (incorporation / increase of capital). آ· Carrying out all procedures to increase or decrease companies' capital. آ· Carrying out procedures for the subscription (closed or opened) as well as receiving the purchase proposals. آ§ Shares Trading آ· Carrying out purchase and sale of shares on behalf of customers آ· Keeping the shares in custody before transferring them to the central depositing system, producing the unified code and accounts statements in collaboration with Custodians Department. آ§ Investment Funds Certificates:
Issuing, redeeming and paying the dividends of the certificates of the First and Second Bank of Alexandria Investment Funds. آ§ Miscellaneous Services
آ· Collecting dividends on shares and interests on bonds and all savings schemes kept in the Bank as well as the redemption of bonds at maturity. آ· Managing the operations of treasury bills and bonds of all kinds. آ¨ Custodians Department * Keeping the securities records and accounts for the benefit of the Bank’s customers.
* Depositing securities on behalf of either customers or mutual funds with central depositories. * Crediting the value of matured coupons of the companies listed in the central depositing system to the customers' accounts. * Ensuring the ultimate secrecy and protection of documents and data . آ¨ Capital Market Department: * Evaluating the companies assets to determine the market value of their shares.
* Studying the establishment of funds with the aim of investing the individuals’ savings in securities. * Studying the issuance of finance bonds for companies in order to cover their finance requirements, as well as studying their convertibility to shares.
* Studying the issuance of modern capital market instruments. * Helping foreign investment in securities . آ¨ Providing Special Facilities for Foreign Investors Bank of Alexandria receives applications from foreign investors who desire to deal in securities (shares and bonds) and the related operations (cashing coupons, central depository … etc). Moreover, the Bank facilitates the opening of accounts and the procedures of transferring funds abroad via the modern electronic payment systems. The Central Bank of Egypt ensures the repatriation of foreign investors’ capital gains from the stock market tradings. The Bank uses electronic techniques so as to be able to instantly follow up share prices in the stock exchange.
The Bank is licensed to work as a primary dealer in the government securities market. Hence, the Bank is allowed to deal in both the primary and secondary markets, and to render this service either to its customers or to the other non-participant banks. آ¨The Department of Feasibility Studies & Projects Assessment * Conducting, in association with consultancies, feasibility studies for customers' new projects. * Evaluating feasibility studies for new projects for the purpose of contributing to their capital or rendering facilities guaranteed by such projects. * Evaluating the existing projects for the same previous purposes.
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