The board of directors of Jordan-headquartered Arab Bank has approved the distribution of 200 Jordanian fils ($0.28 cents) per share dividend for last year, Reuters has reported. The lender's net profits fell 31.4% in 2009 to $575.5m as it set aside $204m in provisions for non-performing loans, up from $40m in 2008.
Subscribe to MEED to receive your choice of premium newsletters
 |
 |
 |
 |
Identify and track projects across the Middle East and North Africa through MEED Projects. Subscribers can track projects, conduct trend analysis, forecast, produce strategic reports and ultimately win new business.
Middle East data, research and analysis - from broad macroeconomic statistics to specific sector data, MEED Insight can help you accurately and cost effectively forecast market growth and trends.
MEED Events provide high profile speakers, relevant and critical business content and the latest news from across the GCC. With a portfolio that includes large-scale summits, two-day industry specific conferences and unique networking opportunities.
Site powered by Webvision
Share
