Dubai – Mubasher: Al Salam Sudan Bank’s board decided to not distribute dividends for 2014.

In its meeting on 26 March, the board also approved the bank’s budget for 2015, according to a filing to the Dubai Financial Market (DFM).

The Sudanese bank reported a 25% drop in its net profits in 2014, down to SDG 50 million ($8.2 million) compared to SDG 66.291 million ($10.98 million) in 2013.

The bank’s capital amounts to SDG 310.7 million divided on 310.7 million shares at par value of SDG 1 per share.