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Sudan’s Al Salam Bank approves 5% dividends

Sudan’s Al Salam Bank approves 5% dividends
Headquarters of Al Salam Bank – Sudan (Photo archive)
Al Salam Bank
ALSALAMSUDAN
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Dubai-Mubasher: The ordinary general meeting of Al Salam Bank – Sudan approved on Wednesday the distribution of 5% bonus shares of the capital, according to an issued statement.

The bank, which is listed on DFM, will distribute 5 shares per each 100 shares to the registered shareholders.

During the fiscal year 2015, the bank’s profits reached 62.4 million Sudanese Pound ($10.23 million), 24.8% higher from 50.01 million Sudanese Pound ($8.2 million) in fY14.