Mubasher: The National Bank of Oman’s (NBO) shareholders agreed Monday on distributing cash dividends at 17% of the share’s par value (17 Baisas per share) and 1-for-10 bonus shares (10% of the capital) for the fiscal year 2015, according to a bourse filing.

The bank’s ordinary general meeting (OGM) earlier approved the same dividends for the fiscal year 2014.

NBO’s profits rose last year by 20% to OMR 60.11 million ($156.11 million) from OMR 50.27 million ($130.55 million) in 2014.