QInvest, Qatar's largest investment bank, is looking to raise up to $350 million in a rights issue, as the company looks to capitalize on investment opportunities in the region, the bank's chief executive has said.
"We are in the process of increasing our capital now through a rights issue," Shahzad Shahbaz told Zawya Dow Jones in a phone interview Wednesday.
QInvest was set up in 2007 with authorized capital of $1 billion and paid up capital of $500 million.
I would like to appreciate this effort by the Qatar bank, the right step at the right time.
ReplyDeleteThe real way to increase the capital. well said buddy. right step at the right time.
ReplyDeleteEvery organization thinks to improve the capital, This is kind of capital management. Any way the organization has taken an important step.
ReplyDeleteIn the management term this kind of activity is named as the capital management.
ReplyDeleteCan you define the Capital Management? What does it meant by the Capital Management?
ReplyDeleteA managerial accounting strategy focusing on maintaining efficient levels of both components of working capital, current assets and current liabilities, in respect to each other. Working capital management ensures a company has sufficient cash flow in order to meet its short-term debt obligations and operating expenses.
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