Doha – Mubasher: Doha Bank has recommended to the extraordinary general meeting which will be held in March, 2017 raising the current paid-up capital by 20%.
The capital increase will be during the first half of 2017 by issuing about 51.67 million new shares, according to a bourse statement issued on Thursday.
The board’s recommendation with regards to capital increase is subject to the approval of the regulatory authorities as well as the extraordinary general meeting of the shareholders, the bank added.
