Company Lookup
Download Demo

Market News

This Month News

This Month News

send to a friend by email

AMB raises its capital to $40 million.


Alrafah Microfinance Bank will convene its general assembly today to discuss the bank"s capital raise by $10 million to $40 million. Al-Ayyam newspaper knew that this raise will be as a private subscription for the shareholders, and maybe a portion will be pertained to a strategic partner. This capital increase exceeds the minimum that had been specified for the capital of working banks in Palestine by the Palestinian monetary authority that is amounted $35 million. The bank had got all the necessary approvals for this capital raise, whether from the PMA, the CMA or the companies" inspector in the national economy ministry. And by this raise, AMB will be the third largest Palestinian bank from the capital aspect.   


Al-Quds Index at its highest level in three years

Al-fiter holiday announcement

Delisting the Arab Palestinian Shopping Center BRAVO from the PEX

Al-Quds Index rebounds upwards in mid-June

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

New anticipations appear with the start of June



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