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Bank of Baghdad distributed 17.5 billion dinars to shareholders

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rocky
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Bank of Baghdad distributed 17.5 billion dinars to shareholders

Post by rocky on Wed 30 Aug 2017, 4:28 pm

Bank of Baghdad distributed 17.5 billion dinars to shareholders

30/8/2017

Economy News Baghdad:

Authority approved the Bank of Baghdad, Iraq Stock Exchange listed market, the distribution of cash dividends to shareholders by 7% of the capital, with a total $ 17.5 billion dinars.

He said the Bank of Baghdad bourse statement on Wednesday that it was agreed on the rest migrate from the company's profits for the year 2016 to the accumulated surplus.

The statement added that the General Authority decided at its meeting to consider the cancellation of a number of investments to 81.28 million dinars, representing investments in five companies no longer exist in 2013.

The company's current capital of 250 billion dinars, distributed over 250 billion dinars shares with a nominal one share worth.


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