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  • Ahmed Saleh

Bank AlJazira News

Bank AlJazira has revealed a resolution from its Board of Directors, issued on January 25, 2024. The resolution recommends a capital increase for the bank through the capitalization of the Statutory Reserve. The proposed method involves granting one share for every four existing shares. This strategic move aims to strengthen the bank's capital position and is set to be presented to the Extraordinary General Assembly for approval.

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