The Saudi National Bank's shareholders approved the recommendation of the Board of Directors to distribute cash dividends from the fiscal year 2020, by 80 halalas per share, with a total of about 3.58 billion riyals, 8% of Nominal stock value.


According to Arab Net, the Bank added in a statement that the eligibility for shareholders 'shareholders at the end of the General Assembly traded on the company's shareholders' record at the end of the Securities Depository Center at the end of the second day traded the following date, and the distribution of profits begins on Sunday, May 23, 2021. / p>


The shareholders recognized several other items, including the election of members of the Board of Directors from among the candidates for the next session from 15 May 2021, and 3 years ending on 14 May 2024.


The shareholders agreed on the report of the Board of Directors and the financial statements and the company's audit report on the fiscal year ended 31 December 2020.


Al Ahli Bank's profits have risen by about 20.3% during the first quarter of this year, to 3.4 billion riyals, compared to SR 2.8 billion in the same period last year.