Abu Dhabi Bank Starts Trading Shares After Capital Increase

Abu Dhabi Commercial Bank has announced the start of trading for new shares resulting from a capital increase through a rights issue on the Abu Dhabi Securities Exchange.

Abu Dhabi Commercial Bank has announced the start of trading for new shares resulting from a capital increase through a rights issue on the Abu Dhabi Securities Exchange on Friday. Abu Dhabi Commercial Bank, one of the leading banks in the UAE, has successfully completed its capital increase. Shareholders were invited to subscribe to new shares through the rights issue. Trading of the new shares will commence on the Abu Dhabi Exchange on Friday. This capital increase is a significant step for the bank, which will allow it to strengthen its market position and finance new projects.

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