Mubasher: Masraf Al Rayan reported a slight increase in profits by 0.09% in 2016, and recommended the distribution of cash dividends at SAR 2 per share or 20% of capital, according to a bourse filing.
The bank said in a statement to the Qatar Stock Exchange (QSE) on Monday that it achieved a net profit of QAR 2.075 million in 2016 compared to QAR 2.073 million in the year before.
On Monday, Masraf Al Rayan stock declined by 0.26% and closed at QAR 39.97.
