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Warba Bank nods to 50% capital hike

Warba Bank nods to 50% capital hike
Warba Bank will raise its capital to KWD 150 million
WARBABANK
WARBABANK
1.12% 180.00 2.00

Mubasher: The extraordinary general meeting (EGM) of Warba Bank approved increased the issued and paid-up capital by 50%.

Warba Bank will raise its capital to KWD 150 million from KWD 100 million by adding 1.5 billion shares from 1 billion, according to a recent statement to Boursa Kuwait.