14/01/2018 16:56 AST

The Board of Directors of Bank Albilad has recommended on 27/04/1439 H corresponding to 14/01/2018 the distribution of dividend to the shareholders for the period the second half of 2017 as following:

1.Total amount of distribution of dividend is SAR 240 Millions

2.Dividend per share SAR 0.4

3.Dividend represents 4% of the Face value.

4.This dividend will be distributed over the current outstanding 600 million shares

5. The eligibility of dividends shall be for the shareholders owning shares at the end of the day of the General Assembly meeting of the bank and registered in the registers of the company of the Depository Center (EDAA) by the end of the second trading day of the date of the General Assembly meeting, which will be announced at a later stage.

6. The date of distribution will be announced later


Tadawul

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1

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AlBilad launches Western Union online money transfer service

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Bank Albilad reported Q2 net profit of SAR 183.9 million, down 10.94 per cent on Q2 2015. For H1 2016 overall, the bank showed net profits down 5.83 per cent to SAR 358.4 million. Earnings per share

CPI Financial

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