يعطيكم العافيه .......ممكن ترجمولي

ممكن الغاليات ترجمولي هالقطعه اليوم ضرووووووووووووووري Qatar's first private bank raises capital
Staff Report



Dubai: Commercialbank, Qatar's first private sector lender, announced on Sundayit had successfully completed its rights issue.

The issue was part of the bank's plan to raise capital to pursue growth in the Gulf. The rights issue attracted strong interest from shareholders and was oversubscribed by more than 700 million riyals (Dh723.18 million).

"The response from our shareholders to the rights issue is extremely encouraging and as a result, the total amount subscribed, 2.94 billion riyals, has exceeded our expectations," Commercialbank's chairman, Abdullah Bin Khalifa Al Attiyah, said.

The rights issue opened on November 8 and closed on December 7. The issue price to existing shareholders was 120 riyals per share, consisting of a nominal value of 10 riyals per share and a premium of 110 riyals.

One new ordinary share will be issued against every four ordinary shares held on October 27.