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GFH Financial refers proposed dividend policy to CBB

GFH Financial refers proposed dividend policy to CBB
GFH Financial's proposed policy has been referred to the CBB
GFH
GFH
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Dubai – Mubasher: GFH Financial Group on Thursday said that its board of directors discussed the dividend distribution policy, counting on the firm’s recent good performance.

The firm said in a statement to the Dubai Financial Market (DFM) that the proposed policy has been referred to the Central Bank of Bahrain (CBB), in accordance with regulations and instructions, to seek their guidance.

GFH Financial Group will announce when the board will convene to discuss the dividend policy or any annual or unusual distributions, the firm said, adding that it will also announce the decisions and recommendations that will be approved by the board.