Bank of Sharjah boosts capital by AED 800mln
800mln New Shares to be Issued, Solidifying Sharjah Asset Management's Strategic Shareholding to 40%
Source: zawya.com
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800mln New Shares to be Issued, Solidifying Sharjah Asset Management's Strategic Shareholding to 40%
Bank of Sharjah’s total capital surges to Dh3 billion
The lender plans to raise capital to support growth
Bank of Sharjah (BoS), one of the leading commercial banks in the UAE, announced the approval to increase the capital by Dhs800 million during its Annual General Meeting held on 4 May 2023.
Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the Mena region, listed on the Abu Dhabi Securities Exchange (ADX: AlphaDhabi),