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Al-Rafidain Bank capital increased to 25 billion dinars

Al-Rafidain Bank capital increased to 25 billion dinars
Translated by IRAQdirectory.com - [9/14/2007]
The Cabinet decided at its thirty seventh regular session to approve the capital increase of Al-Rafidain Bank from ten billion ID to twenty five billion ID from the reserve account without incurring treasury charges, based on the provisions of Article (10 / First paragraph) of the General Companies Act No. 22 for the year 1997 as amended by Law No. 9 for 2002.
Prepared & Translated By:
IRAQdirectory.com Team
Iraq Daily Business Updates
Edited by Brian Hall

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