ABG board member, president and chief executive Adnan
Ahmed Yousif
Al Baraka to pay $22m dividend to shareholders
MANAMA, March 21, 2016
Shareholders of Al Baraka Banking Group (ABG) have approved the distribution of $22.1 million as cash dividend, amounting to two cents for each share equal to two per cent of the par value of the share, and to transfer of $124.3 million to the retained earnings, said a report in the Gulf Daily News (GDN), our sister publication.
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