Mubasher: Bank of Bahrain and Kuwait’s (BBK) shareholders approved the board’s recommendation to distribute 30% of capital as cash dividends for fiscal year 2016.

The bank will pay a cash dividend of 30 fils per share to the entitled shareholders for FY16, with a total value of BHD 32.3 million.

During FY16, profits increased by 6% to total BHD 56.41 million from BHD 53.21 million in the previous fiscal year.