Edaa completes securities quantity increase for Bank Albilad

14/04/2022 Argaam
Logo ofBank Albilad

Logo of Bank Albilad


The Securities Depository Center Co. (Edaa) implemented today, April 14, a securities quantity increase for Bank Albilad's eligible holders.

 

On April 11, the bank's shareholders approved increasing capital from SAR 7.5 billion to SAR 10 billion by distributing bonus shares at 33.3%, or one share for every three shares.

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