MANAMA, March 23 -- Overwhelming majority of 83 per cent of the shareholding during the Annual General Meeting (AGM) of Al Baraka Banking Group has approved payment of cash dividend of US$ 37.3 million to shareholders.
Al Baraka Banking Group B.S.C (ABG) held its Ordinary and Extraordinary General Meetings at Al Baraka headquarters in Bahrain Bay, Manama, in the Shaikh Saleh Kamel Hall.
The Group's shareholders discussed at the ordinary general meeting the report submitted by the Board of Directors on the Group's activities, the report of the Shari'a Supervisory Board and the external auditor's report for the financial year ended 31 December 2018. The consolidated financial statements for the financial year ended 31 December 2018 was also...