Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Launching ‘’The National Bank’’ Name Effective From 21/11/2012

2012-11-21

Alrafah Microfinance Bank announced completing the merger agreement with The Arab Palestinian Investment Bank, where Alrafah Bank acquired the bank according to its book value versus issuing 10 million shares of Alrafah Bank for The Arab Palestinian Investment Bank’s shareholders in par value and pay the difference in cash for the bank’s shareholders. According to the agreement, Alrafah Bank’s paid up capital reached $50 million, where the shareholders of the merged bank own 20% of its capital. Based on the agreement, Alrafah Microfinance Bank changes its name to The National Bank TNB starting from today Wednesday 21/11/2012, and decided to raise its capital to $75 million in 2013 after the approval of  the extraordinary general assembly of the bank.


 

2017-06-22
Al-Quds Index at its highest level in three years

2017-06-21
Al-fiter holiday announcement

2017-06-19
Delisting the Arab Palestinian Shopping Center BRAVO from the PEX

2017-06-15
Al-Quds Index rebounds upwards in mid-June

2017-06-08
Al-Quds Index in the red zone in the second week of Ramadan

2017-06-01
New anticipations appear with the start of June

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013