Mubasher: Barwa Bank on Wednesday said that the bank’s board approved distributing a cash dividend of QAR 1.4 per share for the year ended 31 December 2017.
The distributed dividend equals 14% of the share’s nominal value, according to the lender’s statement to the Qatar Stock Exchange (QSE).
Moreover, the board of Qatar's most progressive Shari’ah compliant financial service provider discussed the 2017 balance sheet including profits and losses during the last year.
Barwa Bank’s profits increased to QAR 754.3 million during the full-year 2017, while earnings per share recorded QAR 2.54, the statement showed.
