Bank of Commerce & Development to open subscription of shares

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Bank of Commerce & Development to open subscription of shares

January 07, 2019 - 14:42
Written by: SafaAlharathy

The Bank of Commerce & Development disclosed that it has opened the subscription for its shares through the Libyan stock market with 14 million and 500 thousand shares worth 24 dinars and 289 dirhams per share.

The bank attributed the step to its desire to raise its capital to 250 million dinars, according to the bank's Facebook page.

It also indicated that the period from January 15th to 29th of the same month will be limited to former shareholders, adding that if no shares are offered, new shareholders will be accepted within a period of three days.

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