Mubasher TV
Contact Us Advertising   العربية

Arab Bank approves 12% dividends

Arab Bank approves 12% dividends
Photo Credit: Arabianeye-Reuters
Arab Bank
ARBK
0.00% 4.39 0.00

Amman-Mubasher: Arab Bank shareholders approved a dividend representing 12% of the capital and a 12.5% stock dividend (2 shares for every 16 shares).
The bank reported a profit rise of 15% to $577.2 million in 2014, compared to $501.9 million in 2013.
Qatar-listed bank’s capital amounts to JOD 56.96 million, distributed on 569.6 million shares at JOD 0.1 par value.