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Daraya plans to boost Daleel 360 Bank capital

Daraya plans to boost Daleel 360 Bank capital

Dariyah Financial Company 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 72.92 million shares at a price of 20.57 riyals per share, with a participation of 100 million riyals from its own resources. The capital increase will support the bank’s expansion in financing and digital services, following significant growth since December 2024, when it attracted 3 million clients and collected 3 billion riyals in deposits.

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