In its extraordinary meeting on Wednesday 19th Aug, the General Assembly of Tadhamon international Islamic bank chaired by Mr.Abdulgabbar Hayel Saeed has approved that the outstanding unpaid shares of the bank to be distributed for local shareholders in line with their rates of ownership , with effective date not later than 10th of Dec.2009.

On this occasion, the chairman of the Directors Board Mr.Abdulgabbar H.saeed affirmed that TIIB has rendered a remarkable positive growth in the 1st half of the current fiscal year 2009 , evidencing that the bank 's outstanding performance come s up to the entire satisfaction of both its management and clients who day after day see TIIB as their first choice and most trusted banking services provider.

Mr.Abdulgabbar H.saeed unfolds the fact that the bank has been in receipt of several proposals for strategic partnership from at least 4 international and regional banks , but the management 's view was to wait and see until more vivid signs indicate that international financial crisis is approaching an end .
However , the chairman reveals the bank 's future outlook to proceed on introducing strategic partners in view of the bank's plan to boost the capital up to YR 100 bln. , in the coming future so as to further solidify its standing and get a favorable exposure to the international banking experiments .
"the TIIB 's value of shares is reported at YR 5770 as per latest estimation by a specialized international evaluating company , with an accrued growth rate of 100 % , which is a clear-cut proof that the bank is heading on a dynamic stance of advancement at both financial and functional levels", Mr. saeed concluded .