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Final approval to increase the capital of Al-Sharq Bank by including part of the accumulated retained earnings as bonus shares

Final approval to increase the capital of Al-Sharq Bank by including part of the accumulated retained earnings as bonus shares

The Commission’s Board of Commissioners, in accordance with its Resolution No. (189 / M) dated 15/11/2022, granted the final approval to “Al-Sharq Bank” to increase the company’s capital by issuing / 10,312,500 / shares, with a nominal value of / 100 / SP per share, with a total value of / 1,031,250,000/ SP for the purpose of increasing the company's capital by including part of the retained profits

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