Tuesday 5 November 2024
 
»
 
»
Story

Bank of Sharjah seeks nod for $1.5bn bond

DUBAI, April 6, 2016

Bank of Sharjah is seeking shareholder approval for the issuance of bonds worth up to $1.5 billion, the lender told the bourse on Wednesday.

Assent will be sought at a shareholder meeting to be held on Apr. 30, the statement showed.

Any bond issuance will be subject to a board resolution on the matter and securing approval from relevant authorities, it added. - Reuters




Tags: Bank of Sharjah | bond |

More Finance & Capital Market Stories

calendarCalendar of Events

Ads