The increase in MIB capital is on its way
Date: 26/04/2021
The increase in MIB capital is on its way
The increase in MIB capital is on its way from the place of the current claims of shareholders and brought in cash, and thus the company will be increasing its capital from 11 thousand billion Rials to 16 thousand billion Rials. This 45.5% increase in the company capital, will be used to increase the capital adequacy of the company, development of financing activities of which will be due to the increase of the company's capability and solvency to accept larger underwriting projects, securities marketing commitment and finally to acquire superior market share in the financing industry.