Ahli Bank Qatar’s shareholders approve 20% cash dividends

Doha – Mubasher: Ahli Bank Qatar’s shareholders approved in their meeting on Tuesday the distribution of cash dividends at 20% for the fiscal year 2015.

The bank’s ordinary general meeting also agreed to increase its capital by 5% to QAR 190.8 million by issuing 9.08 million bonus shares.

The OGM adopted the balance sheet and the profit and loss account for the fiscal year 2015.

The bank posted net earnings of QAR 647.7 million for FY15, compared with QAR 601.2 million a year earlier.

The earnings per share increased from QAR 3.31 to QAR 3.56.

MUBASHER Contribution Time: 16-Feb-2016 14:28 (GMT)