Business & Finance

Saudi bank Samba Financial raises H2 2016 dividend

Published January 2, 2017 Updated January 2, 2017 08:23am

1 min

By Parvez Jabri

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DUBAI: The board of Samba Financial Group , Saudi Arabia's third-largest bank by assets, has proposed a dividend of 0.50 riyals ($0.13) per share for the second half of 2016, it said in a bourse statement.

The proposed figure is higher than the 0.45 riyals per share which the bank paid for the corresponding period of 2015.

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