BankDho­far to raise up to RO40mn by rights is­sue

Muscat Daily - - BUSINESS -

The board of di­rec­tors of BankDho­far ap­proved rais­ing of bank’s Core Eq­uity Tier 1 (CET-1) cap­i­tal of an amount up to RO40mn by way of rights is­sue of or­di­nary shares.

The in­crease of CET-1 cap­i­tal is sub­ject to nec­es­sary reg­u­la­tory ap­provals, BankDho­far said in a fil­ing to the Mus­cat Se­cu­ri­ties Mar­ket on Thurs­day.

It said fur­ther de­tails re­gard­ing the rights is­sue of the or­di­nary shares will be an­nounced to the share­hold­ers and in­vestors com­mu­nity when avail­able.

Newspapers in English

Newspapers from Oman

© PressReader. All rights reserved.