The CMA has approved Banque Saudi Fransi request to increase its capital from SR 5,625,000,000  to SR 7,232,143,000 through issuing 2 bonus shares for every 7 shares owned by the shareholders who are registered in the shareholders register at the closing of trading on the extraordinary general assembly day. Such increase will be paid by transferring an amount of SR 1,607,143,000 from the General Reserve to the bank`s capital. Consequently, increasing bank`s outstanding shares from 562,500,000 shares to 723,214,300 shares, by an increase of 160,714,300 shares. The bonus shares eligibility is limited to the shareholders who are registered in the shareholders register at the close of trading on the extraordinary general assembly day, which will be determined later by the bank`s board.