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The plan of Palestine Islamic Bank's paid up capital increase

2015-12-22

Based on the disclosure of Palestine Islamic Bank on 23/11/2015,of increasing the paid up capital by 12.5 million shares by mid-2016, in line with the circulation of the Monetary Authority on July 15, 2015 to increase the bank's  paid up capital by 25 million shares during the years 2016-2018. The Board of directors decided in its meeting on 16/12/2015, to raise 6 million shares in the first half of the year 2017 and 6.5 million shares during the first half of the year 2018, bringing the total capital increase to 25 million by mid-2018.