The CMA has approved Arab National Bank request to increase its capital from SR 6,500,000,000 to SR 8,500,000,000 through issuing 4 bonus shares for every 13 existing shares owned by the shareholders who are registered in the shareholders registry at the closing of trading on the day  of the extraordinary general assembly. Such increase will be paid by transferring an amount of SR 2,000,000,000 from retained earnings to the Bank's capital. Consequently, increasing Arab National Bank outstanding shares from 650,000,000 shares to 850,000,000 shares, by an increase of 200,000,000 shares. The bonus shares eligibility is limited to the shareholders who are registered in the shareholders registry at the close of trading on the extraordinary general assembly day, which will be determined later by the Bank's board.