NBAD approves 40 per cent cash dividends distribution | GulfNews.com:
"The National Bank of Abu Dhabi’s (NBAD) shareholders approved the distribution of cash dividend of 40 per cent and stock dividend of 10 per cent for the financial year ended December 31, 2013 at the annual general meeting (AGM), held in Abu Dhabi on Tuesday.
Shareholders registered in the Bank’s share book on March 23, 2014 shall be eligible to receive the dividends approved by the annual general meeting.
The AGM, convened under the chairmanship of Nasser Ahmad Al Suwaidi, the Chairman of NBAD, reviewed and approved the directors’ report, auditor’s report and the financial statements for the year ending December 31, 2013.
NBAD’s shareholders ratified the appointment of Al Taher Musabah Al Kindi Al Marar as a Board Member representing Abu Dhabi Investment Council as a successor of Late Jauan Salem Al Dhaheri. The board of directors has selected Al Taher as Deputy Chairman of NBAD."
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