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Board of Directors of National Bank of Oman propose a cash dividend of 17% and 10% stock dividend for year ended on 31 December 2014

Board of Directors of National Bank of Oman propose a cash dividend of 17% and 10% stock dividend for year ended on 31 December 2014
NBO
NBOB
-1.54% 0.26 -0.00

Subsequent to the announcement of the preliminary unaudited results of National Bank of Oman SAOG, on 14 January 2015 for year ended 31 December 2014, the Board of Directors of the Bank have approved the financial statements of the Bank and have recommended a cash dividend of 17% and stock shares of 10% (1 share for every 10 shares held) of the paid up capital of the Bank. This is subject to the approval of the Shareholders of the Bank at the Annual General Meeting proposed to be held in March 2015. The bank shall publish today the complete set of financial statements. These financialstatements are subject to approval by the Central Bank of Oman and by the shareholders.