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Final Approval for Capital Increase of Al-Sharq Bank via Capitalization of a Portion of Distributable Profits

Final Approval for Capital Increase of Al-Sharq Bank via Capitalization of a Portion of Distributable Profits

Pursuant to its Resolution No. (76/M) dated October 8, 2026, the Board of Commissioners of the Authority granted final approval to "Al-Sharq Bank" to increase its capital by issuing 128,906,250 new shares—each with a nominal value of 1 SYP and a total value of 128,906,250 SYP—through the capitalization of a portion of distributable profits. To view the content of the resolution, please visit the "Legislation and Resolutions / Board of Commissioners Resolutions" link.

 

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