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Mar 14 2012

Jordan Islamic Bank recommends 15% cash dividends, 25% bonus shares

AMMAN -- The Jordan Islamic Bank 's board of directors is recommending to the general assembly of shareholders the distribution of 15 per cent in cash dividends and bonus shares at a rate of 25 per cent to bring the bank's capital up to JD125 million from 100 million.
Last year, the bank posted JD39.7 million in pretax net profit compared with JD40.7 million in 2010.

© Jordan Times 2012


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