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Islamic Finance Briefing - Categorized | Banking, Performance more

Arab Bank to pay cash dividend

Posted on 30 March 2010

From Ameinfo.com: The board of directors of Jordan-headquartered Arab Bank has approved the distribution of 200 Jordanian fils ($0.28 cents) per share dividend for last year.
The lender’s net profits fell 31.4% in 2009 to $575.5m as it set aside $204m in provisions for non-performing loans, up from $40m in 2008………………………………..Full Article: Source

 
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