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RAKBank shareholders approve cash dividend of 22.5% at AGM -
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RAKBank shareholders approve cash dividend of 22.5% at AGM

The returns circulation will certainly cause about 49.7 percent of team’s web earnings being paid.

RAKBank efficiently ended its yearly basic conference (AGM) today via both digital and also in-person involvement, where the investors accepted the cash money returns of 22.5 percent (22.5 fils per share) of the financial institution’s paid-up resources amounting Dh377.1 million, for the fiscal year finished December 31, 21. The returns circulation will certainly cause about 49.7 percent of team’s web earnings being paid.

Getting involved investors accepted all program things and also resolutions consisting of the financial institution’s combined annual report and also earnings and also loss declarations for the fiscal year finished December 31, 2021. Furthermore, throughout the AGM, the visit of Stephen Robert Monaghan as a board participant was validated.

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