28-07-2021
The Board of Directors of the Commercial Bank announced, in the meeting held on July 27, 2021, that it had taken a decision, in accordance with the laws and decisions regulating the ownership of foreign investors in the capital of public joint stock companies, to submit a recommendation to shareholders to convene an Extraordinary General assembly whose date will be determined at a later time. The decision on amending the bank’s articles of association to increase the percentage of foreign ownership to 100%, is subject to the approval of the competent authorities and the Extraordinary General Assembly.