‎CMA approves Bank Albilad’s capital hike to SAR 12.5B via bonus issue

Logo ofBank Albilad

The Capital MarketAuthority (CMA) approvedtheapplication fromBank Albiladto increase its capital from SAR 10 billion to SAR 12.5 billion via a bonus issue, the market regulator said in a statement today, March 5.

Accordingly, one bonus share will be issued for every four shares held by shareholders registered with the Securities Depository Center (Edaa) by the close of the second trading day after the record date…
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