jb4388 Posted March 27, 2018 Report Share Posted March 27, 2018 This will be nice when all banks start doing this........ CBI Announcements According to the letter of CBI (dated March 13, 2018), since almost all banks have reached the minimum required capital and their share prices are at low levels, CBI asked the licensed banks to start distributing the bigger part of their profit to the shareholders. In this letter, CBI referred to its letter dated on June 29, 2016, which was related with its decision for banks to make them to allocate 75% of their profits as doubtful loans to cover the losses of branches operating in the areas occupied by ISIS while to distribute the remaining 25% as dividends or increase capital through bonus issue. 1 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted August 14, 2018 Report Share Posted August 14, 2018 Yeah it would be nice I have over 36,000,000 shares and increasing as they pay cash dividends. Quote Link to comment Share on other sites More sharing options...
screwball Posted August 27, 2018 Report Share Posted August 27, 2018 For those with commercial bank of Iraq shares Kindly be informed that our bank began the distribution of profits 2016 ,so you can send an authorization to our company to receive the amount of the dividends and deposit it in your account. cheers Quote Link to comment Share on other sites More sharing options...
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