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DIB shareholders to discuss cash dividends, capital hike 1 March

DIB shareholders to discuss cash dividends, capital hike 1 March
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DIB
DIB
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Dubai-Mubasher: Dubai Islamic Bank (DIB) will hold a general meeting on 1 March, to review FY15 financial statements.

Shareholders will also discuss cash dividends at 45% of capital, or 45 fils a share, totalling AED 1.7 billion for 2015.

In addition, they will consider increasing capital to AED 4.9 billion from AED 3.9 billion, through issuing rights issue shares worth no more than AED 988.43 million.