Arab Banking Corporation raises funds to cover subprime exposure
- Published: 26 March 2008 14:34
- Author:Matthew Martin | More by this Author
- Last Updated: 27 March 2008 18:00
Bahrain's Arab Banking Corporation (ABC) has said it will increase its paid up capital by $500m through a rights issue, following $250m of provisions related to investments hit by the US subprime crisis.
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