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ISBK recommends distributing 4.05% stocks dividends and 8.50% cash dividends for the year 2018

2019-03-13

The board of directors of Palestine Islamic Bank ISBK raised a recommendation to the general assembly, which will be holding a meeting on 17/04/2019, to raise the paid-up capital from $74.00 million to $77.00 million through distributing 4.05% stocks dividends for the year 2018 from capitalizing $3.00 million of the retained earnings. Also, it recommended distributing 8.50% cash dividends for the shareholders for the year 2018.