Tuesday 24 March 2009

Dubai Islamic Bank says mulls $817 mln capital hike

Dubai Islamic Bank DISB.DU will consider raising 3 billion dirhams ($816.8 million) in capital over five years and converting government deposits made as an emergency support measure last year into regulatory capital.

The bank said on Tuesday in a statement on the bourse website that its board of directors would discuss the two measures the following day.

For the full statment, click on: www2.dfm.ae/documents/News%20Files/88660333-03fd-45e0-98 39-208369dd6e81.jpg

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