Alawwal Bank denies divesting the foreign investor’s stake

Riyadh – Mubasher: Alawwal Bank - Saudi Hollandi Bank’s former name denied any news regarding divesting the foreign investor’s stake, said Managing Director Bernd van Linder, according to Al Riyadh newspaper.

“The bank also hasn’t any intention to raise its capital currently,” added van Linder.

Earlier, Saudi Hollandi Bank has rebranded its name to Alawwal Bank.

Mubasher Contribution Time: 28-Nov-2016 08:05 (GMT)
Mubasher Last Update Time: 28-Nov-2016 08:05 (GMT)