By Ahmed Awad
Kuwait – Mubasher: The ordinary general meeting of Al Ahli Bank of Kuwait (ABK) gave a nod on Saturday to the distribution of cash dividends for 2015 at 10% of capital, or 10 fils per share.
The approved dividends total KWD 16.2 million, or 53% of the bank's net profit for 2015.
ABK earlier posted a 19.2% fall in FY15 net profit to KWD 30.36 million, from KWD 37.59 million in 2014.
Translated by Sayed Abdel Rahman