Bank of Bahrain and Kuwait approves capital raise

Bank of Bahrain and Kuwait (BBK) said that the extraordinary general meeting has agreed on increasing the capital through issuing convertible bonds.

BBK’s shareholders approved a raise by shares with a value of BHD 100 million.

The bank’s current capital stands at BHD 108.16 million which are distributed on 1.081 billion shares with a par value of BHD 0.10 per share.

 

Mubasher Contribution Time: 28-Jan-2016 10:23 (GMT)