OREANDA-NEWS. Ahli Bank announced the resolutions of Ordinary and extraordinary General Assembly Meetings held on Wednesday 18th of February 2015 approved the following:

1. Statement of the Board about the bank’s operations and its financial position for the financial year ended 31 December 2014 and to discuss the Bank’s plans for the year 2015.
2. Hearing the Auditor’s Report for the audited financials and the final account for the year ended 31 December 2014.
3. To discuss and approve the financial statements for the financial year ended 31 December 2014.
4. Approving the recommendation of the Board of Directors to distribute cash dividends among the shareholders by an amount of 15% and Free shares 10% of the Bank`s capital .
5. Hearing the Board’s report about the Bank’s governance for the year 2014.
6. And, the Assembly has approved to discharge the Board of Directors and they have decided to appoint Deloitee and Touch as Auditors for the Bank’s financial of the year 2015.
7. To approve the appointment of the external auditors of the Bank for the financial year 2015 and to determine their fees.

Also, the Extra - Ordinary Assembly has approved the increase of the Bank''s Capital by the amount of the free shares that shall be distributed by virtue of the Ordinary General Assembly resolution , equivalent to 10% of the bank`s Capital ( 16,519,750 shares ) , so that the Bank`s capital shall become 181, 717, 253, and delegating the Board of Directors Members to conclude all the necessary procedures to amend the Articles of Association and the Memorandum of Understanding to reflect the foregoing.