The Saudi Investment Bank to issue bonus shares worth 2.5 billion SAR
The Saudi Investment Bank (SAIB) announced that its Board of Directors has recommended to the Extraordinary General Assembly a capital increase of 25% by issuing bonus shares to the bank’s shareholders. The capital increase will raise the bank’s capital from 10 billion SAR to 12.5 billion SAR, by capitalizing 2.5 billion SAR from the Statutory…