Diamond Trust Bank raises 12.4bn in rights issue

Diamond Trust Bank raises 12.4bn in rights issueDiamond Trust Bank Tanzania (DTBT) has boosted its capital base by 12.4bn/- following the recently completed rights issue which the banks says it was fully subscribed.

A statement issued by the bank on Monday said Abdul Samji, DTB’s Group Chairman, described the rights issue as a major success.

It added that according to him, the results of the rights issue are reflective of the strong support, loyalty and confidence DTB enjoys from its shareholders.

via http://www.ippmedia.com/frontend.
Related: AKFED’s Diamond Trust Bank’s Vision 2020

Author: ismailimail

Independent, civil society media featuring Ismaili Muslim community, inter and intra faith endeavors, achievements and humanitarian works.

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