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Warba Bank’s rights issue fully subscribed

Warba Bank’s rights issue fully subscribed
WARBABANK
WARBABANK`R
24.05% 294.00 57.00

Mubasher: Warba Bank announced that the subscription for its capital was fully covered, according to a bourse disclosure on Monday.

The Kuwaiti sharia-compliant lender noted that it will not offer shares for subscription to non-shareholders.

It is noteworthy that Warba Bank’s capital subscription is valued at KWD 90 million ($296 million).