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BisB plans $143mln rights issue

Posted on 14 July 2010

From Gulf-daily-news.com: Bahrain Islamic Bank (BisB) is planning to raise up to $143 million in a rights issue at a 37 per cent discount, the first time a major Bahraini retail bank has sought fresh capital since the financial crisis.
BisB’s shares, which rarely trade on Bahrain’s stock exchange, closed at 159 fils on Monday……………………………………….Full Article: Source

 
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