Mubasher: National Bank of Oman’s ordinary general meeting will convene on 27 March to discuss board of directors’ proposal of distributing cash dividends for 2015 by 17% or 17 baisa per share.
OGM will also discuss distributing bonus shares for 2015 by 10% of the capital or at 1 share per 10 shares, according to bank statement to bourse website.
The bank’s annual net profits grew by 20% to OMR 60.11 million in the fiscal year 2015, compared to OMR 50.27 million in the fiscal year 2014.