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Bank Muscat board proposes 35 per cent dividend for 2020 By: Times News Service Muscat: Bank Muscat, the leading financial services provider in the Sultanate, has proposed a 35 per cent dividend for the year 2020. Continuing the bank’s dividend payment track record and considering the current economic situation, the Board of Directors has proposed a 25 per cent cash dividend and a 10 per cent dividend in the form of bonus shares for the year 2020. The bank’s Capital Adequacy Ratio (CAR) after the cash dividend payout will be 20.77 per cent, which is well above the regulatory minimum. The meeting of the Board of Directors chaired by Sheikh Khalid bin Mustahail Al Mashani, Chairman, on Tuesday, 26 January 2021, approved the 2020 financial results and dividend payout, subject to the approval of the Central Bank of Oman (CBO) and shareholders of the bank.

Mustahail al mashaniBank muscatCentral bankCapital adequacy ratioSheikh khalidAnnual general meetingMuscat securities marketவங்கி மஸ்கட்மைய வங்கிஷேக் காலிட்ஆண்டு ஜநரல் சந்தித்தல்மஸ்கட் பத்திரங்கள் சந்தை