News

Jordan Kuwait Bank distributes 20% cash dividend to shareholders

Jordan Kuwait Bank (JKB) held its  40th general assembly of shareholders on May 15, 2017. The general assembly meeting was headed by Mr. Abdel Karim Kabariti, Chairman of the board of directors and attended by the General Controller of Companies, the Bank’s board of directors, executive management and shareholders.The general assembly endorsed the report of the board of directors and the financial reports for the year 2016, approved the distribution of 20% cash dividends to the Bank’s shareholders, the appointment of Dr. Safwan Toqan as an independent board member. The general assembly of shareholders also elected the Bank’s board of directors for the new term 2017-2020 and assigned Messrs. Delloitte & Touche (M.E.) and Messrs. PricewaterhouseCoopers as the Bank’s Auditors (Joint Audit) for the year 2017.