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Dreya Assembly approves D360 capital increase
Dariya Financial Company has announced its approval to increase the capital of D360 Bank by 38.89%, from 2.1 billion riyals to 2.92 billion riyals, through the issuance of approximately 73 million shares at a price of 20.57 riyals per share. Dariya will contribute 100 million riyals from its own resources to finance the increase, which aims to support the bank's expansion in financing and digital banking services. This comes after the bank achieved significant growth since beginning operations in December 2024, including attracting around 3 million customers and raising deposits worth 3 billion riyals by April 2026.
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