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BisB planning to boost capital in growth push

Posted on 12 July 2010

From Gulf-daily-news.com: Bahrain Islamic Bank (BisB) is planning to increase its capital base. The bank said it is to boost its paid-up capital to address the growth requirements of its finance and investment portfolios.

The decision was taken during a board meeting under the chairmanship of Khalid Abdulla Al Bassam. Mr Al Bassam said the bank has registered non-cash losses to the tune of BD5.7 million for the first half of this year…………………………………..Full Article: Source

 
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