24.12.2009 - Arab Banking Corp plans $1.1bln capital boost
From Tradearabia.com: Arab Banking Corporation (ABC), a leading banking group based in Bahrain, said it plans to increase its paid up capital from $2 billion to $3.11 billion by way of a priority rights offering to existing shareholders. This will substantially enhance ABC’s shareholders’ equity which stood at $2.1 billion as on September 30, 2009, said ABC chairman Mohammed Layas after the bank's Board of Directors meeting on Wednesday.........................................Full Article: Source
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