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Dubai Islamic Bank's shareholders agreed Monday to increase its capital

Tue, 2009-04-28 15:48 — IslamicFinance.de

Dubai Islamic Bank's shareholders agreed Monday to increase its capital by 3 billion dirhams (USD 816 mn) over five years. The bank said in an emailed statement that shareholders at a general assembly also agreed to convert an 3.75 billion-dirham deposit from the Ministry of Finance into Tier 2 capital.

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http://business.maktoob.com/20090000001974/Dubai_Islamic_to_boost_capita...