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From Albawaba.com: Ithmaar Bank Chief Executive Officer and Member of the Board, Michael P. Lee, said today that, despite the global financial crisis, 2008 had proved a positive year for the Bank, and for its subsidiaries and associates.
Lee also announced that, following shareholder approval, one bonus share will be issued for every ten shares held by transferring $54.36 million from the Share Premium to the Capital account. ….Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Emerging Trends, Performance more
Ithmaar outlines 2008 achievements, stresses importance of key group values
| Posted on 27 March 2009 |
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