Bahrain Kuwait Insurance, increase in capital
The shareholders of Bahrain Kuwait Insurance have approved the increase of the company capital. The authorized capital will be raised from 10 million BHD (26.6 million USD) to 20 million BHD (53.2 million USD), while the paid-up capital will be increased from 7.15 million BHD (19 million USD) to 14.3 million BHD (38 million USD).
This move aims at strengthening the company's financial base which is a cornerstone of the company's new three-year strategy.
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