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Palestine Commercial Bank raises its capital through offering convertible bonds

2014-03-20

The extraordinary general assembly GA of Palestine Commercial Bank PCB approved, on its meeting on 19/03/2014, raising the bank’s paid up capital to $40.03 million through offering convertible bonds on the due date for subscription with a total par value of $10 million with the bank’s right of early redemption,  by giving the right to the shareholders as for 19/03/2014 to purchase these bonds.