Abu Dhabi-Mubasher: Abu Dhabi-listed United Arab Bank (UAB) said that its board of directors proposed no dividends for the fiscal year 2015.
The board met Sunday to approve the consolidated financial statement for 2015 and discuss dividends.
UAB reported losses of AED 166.15 million ($455.24 million) in FY15, against profits of AED 605.4 million ($164.8 million) in FY14.
UAB board proposes dividend freeze for FY15
Mubasher Contribution Time: 25-Jan-2016 05:45
(GMT)
