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The National Bank raises its authorized capital to $75 million

2013-05-14

The GA of The National Bank TNB approved raising the bank’s authorized capital from $50 million to $75 million. This came during the extraordinary GA meeting that was held yesterday in Ramallah.  This decision came to coincide with the future needs of the bank to meet its strategic vision. The board of directors of the bank was delegated to determine the mechanism of capital increase and the duration to cover this increase.