Kuwait's Burgan Bank has announced that shareholders and the central bank have given their approval to increase its share capital by KD36m. The bank will distribute 360 million shares, each at a nominal value of 100 fils and a premium of 180 fils, yielding a total of KD100.8m. Burgan Bank's share capital, as of September 30, 2009, stood at KD104.1m and the shareholders equity was KD330.4m.
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