QNB gets nod to distribute 55% cash dividend

QNB Group, the largest financial institution in the Middle East and Africa, held its Ordinary and Extraordinary General Assembly Meetings on Sunday to discuss key achievements in 2021 and the business plan for 2022. The General Assembly approved the Group’s audited financial statements for 2021 and a recommendation by the Board of Directors to distribute a cash dividend of 55 percent of the nominal share value representing QR 0.55 per share. (TNN)