Browsing: Continued

At the 62nd Annual General Assembly Meeting Kuwait, 29 March 2026 – Burgan Bank K.P.S.C. (“Burgan Bank” or “the Bank”) held its 62nd Annual General Assembly Meeting on Saturday, 28 March 2026, at its headquarters, with a quorum of 83.122% of shareholders present, exceeding the minimum threshold of more than 50% as prescribed by regulatory guidelines and the Bank’s bylaws. During the meeting, shareholders reviewed the Bank’s financial results and operational performance for the fiscal year ended 31 December 2025, and approved the distribution of cash dividend of 6 fils per share, in addition to bon

Kuwait, 16 March 2026: Kuwait International Bank (KIB) held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on Monday, 16 March 2026, with 76.05% of shareholders in attendance. During the meeting, all agenda items of both the Ordinary and Extraordinary General Meetings were approved, including the Board of Directors’ recommendation to distribute cash dividends at a rate of 8% of the nominal value per share (8 fils per share) and 5% bonus shares (5 shares per 100 shares) for the year ended 31 December 2025. While giving an overview of the KIB Group’s financial performance and achievements, Sheikh Moham

Board of Directors proposed an additional cash dividend distribution to the shareholders of 8% of the nominal share value (QAR 0.08 per share), subject to QCB approval and shareholders’ approval at the AGM, taking the total cash dividend for the FY 2025 to 16% of the nominal share value (QAR 0.16 per share) Highest-ever profitability underpinned by a persistent year-on-year growth in net banking income by 6% Group’s total assets reached the highest levels at QAR 123.8 billion The Bank achieved an impressive growth of 21% in current and savings accounts, underscoring customers’ confidence and the strength of the B