Ahlibank EGM approves increase in bank capital. Ahlibank’s extraordinary general meeting yesterday approved the increase of its capital by issuing 5% free shares amounting to 9,540,156 shares, following which the bank’s capital will become 200,343,271 shares. The annual general meeting approved the board’s recommendation for distribution of cash dividends (for the financial year that ended in December 2016) to the registered shareholders at the rate of 10%, and in the form of free shares at the rate of 5%.
