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Al Salam Bank increases authorised issued and paid up share capital

Dubai: Al Salam Bank-Bahrain has notified the Dubai Financial Market that it has increased its authorised share capital to 250,000,000 Bahraini dinars and its issued and paid-up share capital to 214,093,075 dinars.

The share capital has been increased as part of the bank’s acquisition of BMI Bank, which was approved by the shareholders at their Extra-ordinary General Meeting held on October 8, 2013, and after obtaining regulatory approvals.