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FINANCIAL NEWS
Abu Dhabi Islamic Bank confirms 24.52pct dividend
04 Apr 2017
(MENAFN) Shareholders of Abu Dhabi Islamic Bank have confirmed the distribution of 24.52 percent cash dividends for last year at the Bank’s Annual General Meeting (AGM).
Furthermore, the cash dividend shows 39.8 percent of full year revenues for last year, which is equivalent to Dh780mn.
Meanwhile, strategic investments in areas that will help the bank’s future growth, involving boosting customer experience and advancing its digital capabilities.
Last year, the bank has been able to achieve the highest Emiratization rate amid all UAE banks, with 850 UAE nationals working at the bank amid all departments and positions.
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