10.02.2010 - ADIB board to consider 25pct foreign ownership, share buyback plan

From Bloomberg: Abu Dhabi Islamic Bank PJSC, the United Arab Emirates’ second-biggest bank complying with Muslim banking rules, said its board will consider a proposal to allow foreigners to own up to 25 percent of the bank’s shares. The board at its meeting on Feb. 14 will also consider a plan to buy back its shares, the bank said in a statement to the Abu Dhabi bourse today........................................Full Article: Source

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