Warba Bank’s ordinary general meeting approved no dividends distribution for the fiscal year 2014. The KSE-listed bank posted a net profit of KWD 115,000 in 2014 against KWD 3.71 million in 2013.
The extraordinary general meeting was postponed for the lack of quorum, according to data issued on Kuwait Stock Exchange.
KSE-listed bank’s capital totals KWD 1 billion, distributed on 100 million shares with a par value of 100 fils a share.
