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Bahrain Islamic Bank says to issue bonus shares

Bahrain Islamic Bank says to issue bonus shares
Photo archive - Bahrain Islamic Bank
BISB
BISB
-2.56% 0.08 -0.00

The ordinary general meeting (OGM) of Bahrain Islamic Bank agreed on distributing 4% bonus shares for the fiscal year 2015, according to a recent statement.

The bank will distribute 38.83 million bonus shares on a 4-for-100 basis.

The Bahrain-listed bank achieved a growth of 20.4% to BHD 11.2 million profits in FY15 as compared to BHD 9.3 million in FY14.

Bahrain Islamic Bank is being traded at BHD 0.13.