Mubasher: The ordinary general meeting (OGM) of Arab Bank has approved the distribution of cash dividends for fiscal year 2017 at 40%.
The bank achieved a strong performance last year despite the challenges and the regional geopolitical risks, with operating profits reaching $1.197 billion, according to Chairman Sobaieh Al-Masry.
Net profits grew 8% to $533 million compared to $532.7 million in the year before.
