27.10.2011 - Barwa Bank shareholders approve increase in capital
At an Extraordinary General Meeting held on Monday evening, shareholders in Barwa Bank voted in favour of a Rights Issue that will increase the Bank's Issued Capital from QAR 1.9bn to QAR 3bn. In addition, Authorised Capital will be increased from the current QAR 2.5bn to QAR 6bn. The vote followed an address to shareholders by the Chairman of Barwa Bank, His Excellency Sheikh Mohammed bin Hamad bin Jassim al Thani, in which he highlighted progress made over the last year. His speech covered a number of different areas including (Press Release)