Mubasher: Al Khaliji Commercial Bank (Al Khaliji) on Wednesday announced that its annual general assembly approved the distribution of 7.5% of the share par value in cash dividends, equalling QAR 0.75 per share.
Al Khaliji’s profits duplicated 60 times to QAR 96.9 million in the fourth quarter of 2017 from QAR 1.5 million in the same period the prior year, according to the bank’s statement to the Qatar Stock Exchange (QSE).
The Qatar-based lender's profits hiked 29.1% to QAR 550.5 million during the full-year 2017 versus QAR 426.6 million a year earlier.
