BHAM Capital Financial Services has successfully completed a capital increase of 200 million dirhams through the issuance of new shares to its shareholders, raising the total capital to 400 million dirhams. The capital raise saw significant interest from eligible shareholders, with subscriptions fully covering the offered amount, exceeding the number of available shares.
This increase follows the decision made by the general assembly on April 21, 2025, which unanimously approved the capital rise from 200 million dirhams to 400 million dirhams by issuing 200 million new shares at a price of one dirham per share. The move aims to enhance the company’s financial liquidity and support its strategic growth plans, which include investments in advanced technology, digital transformation, artificial intelligence, and expansion into key regional markets. This capital raise is anticipated to solidify the company’s long-term vision, create sustainable value, and yield significant returns on investment over the next three years.
Sheikh Dr. Ammar Nasser Al-Mulla, Chairman of BHAM Capital, stated, “The successful capital increase reflects the strong confidence our shareholders have in the company. This achievement strengthens our financial position and opens broader avenues for sustainable growth, reinforcing our status as a leading financial institution in the region.”
Meanwhile, Abdulhadi Al-Saadie, CEO of BHAM Capital, commented, “The high demand from our shareholders confirms their belief in our ambitious strategy and robust financial performance. This step enables us to invest in advanced technology and expand into regional markets, laying a stronger foundation for sustainable growth that benefits our shareholders.”