Kuwait - Mubasher: The ordinary general meeting of Al Ahli Bank of Kuwait (ABK) approved on Saturday the board of directors’ recommendation to distribute cash dividends to shareholders for last year at 11% of capital, or 11 fils per share.
The meeting also approved the 2016 budget, and financial statements, as well as the board and auditor’s reports.
The bank reported a growth in profits by 7% in 2016 to KWD 32.47 million compared to KD 30.36 million in the year before.
