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Merger of First Capital Islamic Bank with International Islamic Bank
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The International Islamic Bank announced its merger with the First Capital Islamic Bank and raised its capital to 260.8 billion dinars.
The International Islamic Bank said, on its Facebook page, that "the procedures for increasing the capital of the International Islamic Bank to 260.8 billion dinars have been completed."
He added that the merger of the First Capital Islamic Bank with the International Islamic Bank was approved, provided that the latter retains its legal capacity, name and activity.
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