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14/02/2017 15:45 AST
Riyad Bank announces the completion of the establishment of a special purpose company under the name of (Riyad Financial Markets Ltd.), after obtaining the No Objection from Saudi Arabian Monetary Agency on 10.08.1437 H. It is a limited liability company, fully owned by the bank and registered with authorized capital of USD 50,000 (equivalent to SAR 187,500), based in Cayman Islands. The company will be engaged and execute financial derivatives transactions and repurchase agreements with international banks.
We also wish to inform shareholders that it has no financial impact affect the financial statements of the Bank.
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Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
Ticker | Price | Change |
---|---|---|
FAB | 11.95 | 0.20 (1.70 |
NCB | 64.98 | 0.35 (0.54 |
RJHI | 76.03 | 0.78 (1.03 |
EMIRATESNBD | 10.65 | 0.05 (0.47 |
SAMBA | 26.98 | 0.59 (2.23 |
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