UNB board recommends 20pc cash dividend, bonus shares

ABU DHABI -The Board of Directors of Union National Bank (UNB) has recommended a 20 per cent cash dividend and an equal amount of bonus shares.

By A Staff Reporter

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Published: Fri 8 Feb 2008, 10:14 AM

Last updated: Sun 5 Apr 2015, 12:20 PM

The decision was taken at a board meeting yesterday and is subject to approval by the UAE Central Bank. UNB declared a consolidated net profit of Dh1.17 billion for 2007, a growth of 16.8 per cent over the previous year. Total assets in 2007 grew 33.4 per cent to Dh55.45 billion.


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