Riyadh-Mubasher: Shareholders of National Commercial Bank (NCB) gave the go-ahead for paying cash dividends for the second half of 2014 at 6.5% of the stock's par value, or SAR 0.65 a share, totalling SAR 1.3 billion.

The dividends will be paid on 19 April, to shareholders of record on 8 April.

During Wednesday's meeting, shareholders elected board members for the next three-year term starting from 30 April, and appointed Mansour Al-Maiman as chairman.