Wednesday, October 08 - 2008

Burgan Bank capital up by KD200m

Kuwait: Saturday, July 05 - 2008 at 08:01

Shareholders of Kuwait's Burgan Bank have approved to raise the bank's capital by KD200m. The capital increase is in connection with its plans to acquire a majority stake in the operations of four commercial banking entities from United Gulf Bank for $725m.

Medilyn Manibo Medilyn Manibo, Assistant News Editor
Saturday, July 05 - 2008 at 08:01 UAE local time (GMT+4)

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