By: Ramy Sameeh
Abu Dhabi - Mubasher: The shareholders of Union National Bank (UNB) has approved on Wednesday the distribution of cash dividends for 2016 at 20 fils per share or 20% of capital.
The bank’s cash dividends totalled AED 550 million ($149.7 million) last year, which equals those distributed in 2015.
This came on the sidelines of the bank’s ordinary general meeting (OGM), in which the budget and the financial results of 2016 were approved as well.
