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Baraka Bank submits capital hike documents to FRA

Baraka Bank submits capital hike documents to FRA

ArabFinance: Financial Regulatory Authority (FRA) announced on January 31, 2018, Al Baraka Bank Egypt (SAUD) has submitted a disclosure report regarding the issued and paid capital increase to LE1,329,868,624 from LE1,266,541,549 with increase amounting to LE63,327,075. 

FRA added the disclosure report and other documents have been reviewing. 

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