Mubasher: The Gulf Bank of Kuwait (GBK) will hold its ordinary general meeting on 8 March to consider the board’s proposal of distributing dividends.
The board members recommended a dividend payout of 7% or 7 fils per share for the fiscal year 2016.
During FY16, earnings grew by 10.1% to total KWD 42.94 million from KWD 39 million in FY15.