GIB Capital, Riyad Capital to advise Bank Aljazira’s rights issue

02/04/2015 Argaam

Bank Aljazira ​said it has hired GIB Capital and Riyad Capital as financial advisers for its rights issue.

 
The bank’s board of directors recommended increasing capital through a rights issue at SAR 3.0 billion, pending the approval of the bank’s extraordinary general meeting, according to data available on Argaam.

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