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Wednesday, 18 January 2017

Qatar National Bank plans to increase share capital by distributing bonus shares | Reuters

Qatar National Bank plans to increase share capital by distributing bonus shares | Reuters:

"Qatar National Bank, the Gulf's largest lender, plans to increase its share capital by distributing bonus shares worth 10 percent of the current capital, it said in a statement on Wednesday. The bank's current capital amounts to about 9.2 billion riyals ($2.53 billion) divided into approximately 923 million shares with a nominal value of 10 riyals each. The statement did not specify whether the capital increase would be discussed or approved during the bank's extraordinary general assembly on Feb. 5. "



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