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Amin Al Iraq Bank: We were unable to increase our capital
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Economy News - Baghdad
Amin Iraq Bank announced that it was unable to increase its capital due to the lack of subscription from investors.
The bank said that a public subscription was made to increase the capital of Amin Al Iraq Bank for Investment and Islamic Finance at Al Huda Bank, but the offered shares amounting to 50 billion dinars were not subscribed to.
He added that the subscription was extended on April 15 and ended on June 13.
The Central Bank asked banks to increase their capital to 400 billion dinars.
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Added 06/30/2024 - 10:29 AM
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Economy News - Baghdad
Amin Iraq Bank announced that it was unable to increase its capital due to the lack of subscription from investors.
The bank said that a public subscription was made to increase the capital of Amin Al Iraq Bank for Investment and Islamic Finance at Al Huda Bank, but the offered shares amounting to 50 billion dinars were not subscribed to.
He added that the subscription was extended on April 15 and ended on June 13.
The Central Bank asked banks to increase their capital to 400 billion dinars.
100 views
Added 06/30/2024 - 10:29 AM
[You must be registered and logged in to see this link.]
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