Wednesday 24 April 2024
 
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capital hike

Banque Saudi Fransi eyes $1.9bn capital

Banque Saudi Fransi said it would raise its capital 28.5 per cent to SR7.23 billion ($1.93 billion), shelving a plan to raise capital to SR9 billion through rights and bonus issues. Fransi, in which France's Credit Agricole is a main share

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