Subscription opens for BBK BHD 100 million convertible capital securities offering

BBK is the Issuer and Receiving Bank; while SICO, a prominent Bahrain-based GCC wholesale bank, is the Lead Manager of this first-of-its-kind Bahrain Dinar-denominated perpetual convertible capital securities issuance. According to Chief Executive, Mr. Reyadh Yousif Sater, “The capital increase will be used for enhancing BBK’s capacity to grow its…