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Home Business and Finance

Kuwait’s Boubyan Bank gets approval for 12% capital increase

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February 13, 2022
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Feb 13 (Reuters) – Kuwaiti Boubyan Bank has got the capital market authority’s approval for a capital increase of 12%, Kuwait’s state news agency said on Sunday.

The increase will take place through new shares issuance, the Agency added.

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Reporting By Moaz Abd-Alaziz; Editing by Andrew Heavens

Our Standards: The Thomson Reuters Trust Principles.



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