February 26 (SeeNews) - North Macedonia's lender Komercijalna Banka [MSE:KMB] said on Friday that it will propose to its shareholders to distribute a gross dividend of 600 denars ($11.8/9.8 euro) per share for 2020.
The bank's shareholders will vote on the proposal at a meeting scheduled for March 29, Komercijalna Banka said in a bourse filing.
The lender distributed a gross dividend of 550 denars per share for 2019.
Komercijalna Banka booked a consolidated net profit of 1.94 billion denars last year, up from 1.83 billion denars in 2019.
(1 euro = 61.46 denars)
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