Mubasher: The ordinary general meeting (OGM) of the National Bank of Kuwait (NBK) has approved the board’s proposal for the payment of 35 fils per share in cash dividends.
The OGM also consented to the distribution of 5% bonus shares, the Kuwait News Agency (KUNA) reported on Saturday.
The Kuwaiti bank reported a 15% year-on-year profit growth in 2018, recording KWD 370.71 million ($1.23 billion).
The National Bank of Kuwait (NBK) was established in 1952 as Kuwait's first indigenous bank and the first shareholding company in the entire Gulf region. (end) mga.amh.mt
