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2007-06-10
The Secondary Subscription began at 1.47 million Dollars
Bank of Palestine establishes an investment portfolio sized six million dollars via the bank "HSBC"
Bank of Palestine established an investment portfolio sized six million dollars via the bank "HSBC ".The Bank board of Palestine began to establish an investment portfolio sized six million dollars to invest in international markets through HSBC bank, after approval of the Palestinian Critique Authority on the establishment of this portfolio. The bank"s board of directors decided at its last meeting on the 5th of June the assignment of the current issue of referral to the Commission on portfolio investment in the bank. On the other hand, the bank board announced the start of the secondary public subscription on 1479016 shares as of last Sunday; this subscription expires next Thursday, after obtaining the consent of the bank capital market in this regard.
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