Abu Dhabi-Mubasher: National Bank of Abu Dhabi (NBAD) said that its board recommended a 40% cash dividend or 40 fils per share for the fiscal year 2015, totalling AED 2.08 billion, according to a bourse filing on Wednesday.
NBAD posted profits of AED 5.23 billion ($1.43 billion) in the fiscal year 2015, down 6.22% from AED 5.56 billion ($1.52 billion) in the fiscal year 2014, said a bourse statement on Wednesday.