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Bank of Sharjah given green light to increase debt programme to $1.5bn

Bank of Sharjah got the nod from its shareholders to increase the size of its debt programme to $1.5 billion (Dh5.5bn) as the lender looks to issue tier one bonds to shore up capital. The Bank of Sharjah, which is part-owned by the government, raised the size of its Euro…

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