12 Hrs
Source:
اقتصاد سكاي نيوز عربية
Abu Dhabi Islamic Bank to raise 1.75B dirhams
The Abu Dhabi Islamic Bank announced that its shareholders have approved a capital increase of AED 1.75 billion through the issuance of priority rights, including the offer of 106,383,000 new shares at an issue price of AED 16.45 per share, which will raise the bank's capital to AED 3.738 billion. This step aims to enhance the bank’s capital base and support its future growth within the Vision 2035 framework, with a focus on financing expansion and achieving sustainable long-term returns. This increase is part of the bank’s strategy to strengthen performance and achieve strong growth, while continuing to generate high profits and regular dividends. As of the end of the first half of 2026, its assets exceeded AED 300 billion.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)