Al Rajhi Bank's board of directors recommended to increase the lender's capital by granting three bonus shares for every five held by shareholders. Ahmed Yosri / The National
Al Rajhi Bank's board of directors recommended to increase the lender's capital by granting three bonus shares for every five held by shareholders. Ahmed Yosri / The National

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Shares of Saudi Arabia’s Al Rajhi Bank rise after $4bn capital plan rollout

The lender’s board has proposed to boost capital through the issuance of bonus shares to shareholders

Deepthi Nair
Deepthi Nair

February 20, 2022