Kuwait – Mubasher: The board of National Bank of Kuwait (NBK) approved on Wednesday an increase in the bank’s capital by 6.5% through the issuance of 343.96 million rights issue shares.
The shares will be issued at 100 fils par value plus 300 fils issue premium each, totalling 400 fils.
Thus, NBK’s issued and paid-in capital will reach KWD 563.57 million distributed over 5.63 billion shares.
