VOL. XLVI
No 1
6-January-2003
REGIONAL BANKING
Ahli United Bank Raises Share Capital By $257Mn
Bahrain-based Ahli United Bank has announced that its share issue launched on 25 November will raise the banks capital by $257mn to reach $650mn. Trading in Ahli shares on the Bahrain Stock Exchange was due to start on 31 December. A source at the bank said that the capital increase will be an important step towards implementing Ahlis strategy of expanding its activities in the Gulf Cooperation Council...
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