Karafarin Bank General Assembly Approves Dividend Payment of IRR200

Karafarin Bank’s General Assembly of the shareholders was held today on 20 July. 89% of the shareholders took part in this meeting.

Karafarin Bank’s General Assembly of the shareholders was held today on 20 July. 89% of the shareholders took part in this meeting.
According to the Public Relations of Karafarin Bank, the shareholders approved the distribution of IRR200, which is the net profit of IRR314 EPS.
Based on this report, the General Assembly which was in session with majority shareholders, also approved the financial statements for the period ended 19 March 2016.
Finally, the bonus for the board of directors, attendance reward for non-executive board members, selecting the auditor, legal inspector and alternate inspector as well as the official gazette for advertising company notices were ratified.

Dec 14, 2016