Abu Dhabi-based Finance House received approval from the UAE’s central bank to distribute bonus shares at 25% for fiscal year 2014.  

Meanwhile, the central bank rejected the company's proposal in respect to cash dividends at 20%, Finance House said in a bourse statement Wednesday.

The company said it will seek the central bank's reconsideration for its decision about cash dividends.

Finance House reported AED 73.3 million in net profits in 2014, compared with AED 83.7 million for the previous year, a decline of 12.4%.

The firm is capitalised at AED 302.5 million, distributed across 302.5 million shares at AED 1 par value each.