Saudi Arabia's Capital Market Authority approved Saudi Investment Bank’s capital increase from SAR 12.5 billion to SAR 15 billion through one bonus share for every five existing shares, adding 250 million shares funded by SAR 1.5 billion from the statutory reserve and SAR 1 billion from retained earnings, subject to an extraordinary general assembly within six months and compliance with applicable regulatory requirements.
2026-08-27Saudi Arabia Capital Markets Authority
Saudi Arabia's Capital Market Authority approves Saudi Investment Bank capital increase to SAR 15 billion
Saudi Arabia's Capital Market Authority approved Saudi Investment Bank’s capital increase from SAR 12.5 billion to SAR 15 billion through one bonus share for every five existing shares, subject to shareholder and regulatory requirements.