The Board of Directors of the Saudi National Bank recommended a cash dividend on shareholders from the fiscal year 2020, with a total of about 3.58 billion riyals, for a total of 4.478 billion shares.
According to Arab Net, Al-Ahly Saudi Arabia said the share of the arrow from the distribution was 0.8 hall after deducting zakat, a distribution to the value of nominal stock 8%.
The already history of the shareholders' shareholders will be at the end of the Bank's General Assembly trading, which will be determined later, and held in the bank's share of the deposit center at the end of the second day traded the date of the assembly.
The Bank said: The date and dividend mechanism will be announced later.
In another context, the Saudi National Bank announced the decision of the Board of Directors.
The Board of Directors decided to appoint Yazid bin Abdulrahman Al-Hamid, as an executive, deputy chairman of the Board of Directors instead of Rashid bin Ibrahim Sharif, from the date of decision and until the end of the current session of the Council.
The Council endorsed Talal Ahmed Al-Khuraiji as an expensive executive president of the Bank and appointed Saeed bin Mohammed al-Ghamdi as a manual and executive president from the date of decision.
The National Commercial Bank and Samba Financial Group, announced a formal integration under the name of the Saudi National Bank and formally launched on 1 Apr 2021.
Ahli said the decision to integrate Samba Financial Group has become effective, and accordingly the Samba Financial group and the transition of all its rights and obligations to the National Bank.
