Bank of Sharjah seeks shareholder nod for $1.5b bond programme | GulfNews.com

Bank of Sharjah seeks shareholder nod for $1.5b bond programme | GulfNews.com:

"Bank of Sharjah is seeking shareholder approval for the issuance of bonds worth up to $1.5 billion (Dh5.5 billion), the lender told the bourse on Wednesday.

Assent will be sought at a shareholder meeting to be held on April 30, the statement showed.

Any bond issuance will be subject to a board resolution on the matter and securing approval from relevant authorities, it added."



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