Bank Aljazira has said it will resubmit its capital raise request by way of rights issue to the Capital Market Authority (CMA), the bank said in a statement.
The bank has already appointed NCB Capital as a financial adviser for its upcoming SAR 3 billion rights issue.
Last July, Aljazira’s board submitted a proposal for the capital increase, but later withdrew it in December due to market conditions, Argaam reported.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}