Abu Dhabi – Mubasher: Invest Bank announced it has submitted a proposal to the Securities and Commodities Authority (SCA) to resume stock trading.
The bank is now committed to the applicable regulation regarding this matter, according to a filing to the Abu Dhabi Securities Exchange (ADX) on Wednesday.
It is worth noting that trading on Invest Bank’s stock was suspended since 13 November 2018.
Invest Bank, listed on the ADX, previously revealed it had incurred losses of AED 179.65 million for the first half of 2019, versus AED 71.82 million in H1-18.
Source: Mubasher
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