NBK's capital increase from 29 October to 12 November

National Bank of Kuwait's (NBK) chairman, Mr. Mohamed Abdel Rahman Al Baher said that the subscription in the bank's 10% capital increase will start from 29 October till 12 November.




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'The capital increase subscription will be available to all our shareholders through the NBK branches in Kuwait,' added Al Bahar.

NBK's Annual General Assembly meeting dated 18 February 2006 approved the 10% increase in the bank's capital through a rights issue to be offered at a premium of one Kuwaiti Dinar per new share issued, over and above the par value of 100 fils per share.




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Notes and media contacts

For further information please contact the Press Office:
P.O. Box 95, Safat 13001, Kuwait -
Tel: (965) 259 3222 - Fax: (965) 2465 190
Janeta Novakovic Posted by Janeta Novakovic, Assistant News Editor
Monday, October 16 - 2006 at 12:46 UAE local time (GMT+4)

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