Mubasher: Al Ahli Bank of Kuwait (ABK) will hold its ordinary general meeting on 18 March to overview the board’s recommendation of distributing dividends for fiscal year 2016.
The board members have proposed a cash dividend of 11% or 11 fils per share for the fiscal year, according to bourse statement issued on Sunday.
During FY15, ABK’s profits grew 7% to total KWD 32.47 million from KWD 30.36 million in FY15.
