Deposit Guarantee Company issues 45 billion shares for subscription


Economy News Baghdad

The Iraqi Deposit Insurance Company announced on Thursday that 45 billion shares of the company had been offered for subscription in three banks.

The company said in an announcement received by “Economy News” that “the price of one share dinars,” noting that the places of subscription will be in the Rasheed Bank in Baghdad / Rashid Street, and the Industrial Bank in Baghdad / Sanak, and the International Development Bank / Baghdad Karrada.

The company explained that the subscription period is not less than (30) days and not more than (60) days, pointing out that the subscription starts on Sunday 21/7/2019 and closes after 30 days.

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