NBK to discuss plans to raise capital

Kuwait-Mubasher: National Bank of Kuwait (NBK) will hold a board meeting on Wednesday to look into plans for increasing the capital within the limits of the bank’s authorized capital, according to a bourse filing.

NBK’s issued and paid-up capital (stands at) totals KWD 503.97 million which is distributed on 5.039 billion shares, with a nominal value of 100 fils per share, while the number of NBK’s treasury shares reached 91.6 million.

On the Kuwaiti market, NBk stock ended Tuesday’s session at 690 fils, after 3.4 million shares were exchanged at KWD 2.32 million.

Mubasher Contribution Time: 29-Mar-2016 13:01 (GMT)