• 7 months ago

Category

🗞
News
Transcript
00:00 Since the beginning of 2024, five Saudi banks have recommended an increase in their capital
00:07 by distributing shares to their shareholders, to support their capital base.
00:14 So, if we look at the number of shares, we notice that the increase in the number of
00:19 Saudi banks is 1.7 billion shares.
00:24 Therefore, if we look at the details, the increase in the capital of Al-Inmaa Bank
00:31 was 25% by giving one share to each of the four listed shares.
00:39 Therefore, the additional shares amounted to 500 million shares,
00:44 which would become 2.5 billion shares after the increase in the capital.
00:50 From Al-Inmaa Bank, we now move to the National Arab Bank.
00:55 The increase in the capital was also recommended by 33% by giving one share to each of the three listed shares.
01:05 Therefore, the additional shares amounted to 500 million shares,
01:09 which would become 2.5 billion shares after the increase in the capital.
01:15 Moving from the Saudi Arabian Bank, this time to the National Bank.
01:20 The National Bank also recommended an increase in the capital by giving one share to each of the four listed shares.
01:27 Therefore, the additional shares amounted to 250 million shares,
01:32 which would become 1.25 billion shares after the increase in the capital.
01:38 From the National Bank, this time we move to the Saudi Investment Bank.
01:44 The increase in the capital was also recommended by 25% by giving one share to each of the four listed shares.
01:52 Therefore, the additional shares amounted to 250 million shares,
01:57 which would become 1.25 billion shares after the increase in the capital.
02:04 Finally, the Bank of Algeria also recommended an increase in the capital in 2024
02:12 by giving one share to each of the four listed shares.
02:15 The additional shares amounted to 205 million shares,
02:20 which would become 1.25 billion shares after the increase in the capital.
02:28 [BLANK_AUDIO]

Recommended