(MENAFN- Khaleej Times) National Bank of Fujairah, or NBF, held its Annual Ordinary General Meeting, or AGM, on Wednesday in Fujairah, where shareholders approved the distribution of profits of 15 per cent of paid-up capital.
This took the form of cash dividends of 7.5 per cent (Dh82.5 million) and bonus shares of 7.5 per cent (Dh82.5 million) of paid-up capital.
The bank's shareholders also approved the chairman's, directors', sustainability and corporate governance reports as well as the consolidated financial statements for the year ended 31 December 2014. They also approved the appointment and remuneration of the bank's external auditors for 2015.
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