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Al-Inma Bank OGM approves 5% dividends

Al-Inma Bank OGM approves 5% dividends
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Riyadh - Mubasher: The ordinary general meeting (OGM) of Al Inma Bank has approved the board’s recommendation to distribute cash dividends to shareholders for fiscal year 2016 at SAR 0.5 per share.

Dividends will total SAR 745 million, representing 5% of the bank’s capital.

The OGM also approved the board of directors and auditor’s reports for FY2016, according to the bank’s statement.