Middle East Economic Survey
VOL. XLVII
No 24
14-June-2004
REGIONAL BANKING
Commercial Bank Of Qatar Completes Rights Issue
Commercial Bank of Qatar announced the successful conclusion of its recent rights issue in which over QR889mn ($1=QR3.74) in new capital has been raised. Shareholders were given the right to buy one new share for every five held. The issue, which was opened on 2 May and closed on 31 May, was 1.2 times oversubscribed and in total the bank received QR1.093bn. The net result...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!