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عربى

16 Apr 2009 - UAB General Assembly Approves the Distribution of 25 percent Scrip Dividend

  • Total assets up 22% to AED 7.6 bio

  • Total loans up 40% to AED 5.5 bio

  • Customer deposits up 21% to AED 5 bio

  • ROAE increased by 19% to AED 0.31

The General Assembly of the Shareholders of United Arab Bank (UAB) approved during its annual general meeting held yesterday April 15th at Coral Beach Resort in Sharjah the proposal of the Board of Directors regarding the appropriation of profits for the year 2008 by distributing a scrip dividend of 25%.

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