The Chairman of the Board of Directors of the Bank of Baghdad, Majid Al-Saadi, announced that the meeting of the General Authority of the Bank will be held on May 18 in Baghdad.
Al-Saadi said that the next meeting of the General Assembly of the Bank of Baghdad will decide to increase the bank’s capital from 300 billion dinars to 400 billion dinars in response to the decision of the Central Bank, and the increase will be free shares.
He added that the meeting will also discuss the conclusion of the administration agreement between the Jordan Kuwait Bank and the Bank of Baghdad.
