03 Apr 2011
(MENAFN) Muscat Finance Company (MFC) chief executive, Ajit Engineer, stated that the firm would pay 20 percent dividends to shareholders as it saw its profits rise in 2010, as well as an improvement in uninterrupted dividend, reported Times of Oman.
Ajit also said that shareholders in the pioneer in corporate leasing and auto finance agreed on distributing 12 percent stock dividend and 8 percent cash dividend in its annual general meeting (AGM).
The CEO added that the company would pay the amount of USD17.84 million from the USD19.19 million injected in cash.
It is worth noting that MFC is a publicly held Omani General Stock Company registered in the Sultanate of Oman in 1987. The Company is licensed and governed by the Central Bank of Oman and is listed on Muscat Securities Market.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more