You have 5 free articles left this month. Get your free Basic subscription now and gain instant access to more.

N. Macedonia's NLB Banka gets shareholders nod for 2019, 2020 dividend

N. Macedonia's NLB Banka gets shareholders nod for 2019, 2020 dividend NLB Banka Beograd headquarters in Belgrade Source: www.nlb.rs

SKOPJE (N. Macedonia), November 22 (SeeNews) - North Macedonia's NLB Banka [MSE:TNB], part of Slovenian banking group Nova Ljubljanska Banka (NLB), said its shareholders approved a proposal to distribute a total gross dividend of 1,787 denars ($32.7/29 euro) per share for the last two years.

NLB Banka will distribute 1.5 billion denars as combined dividend for 2019 and 2020, the lender said in a bourse filing on Friday.

NLB Banka did not distribute dividend last year after its shareholders did not approve a proposal by the management to pay a gross dividend of 1,976 denars per share for 2019. The bank's net profit fell to 1.7 billion denars last year, from 1.85 billion denars in 2019.

The lender distributed a gross dividend of 1,738 denars per share for 2018.

The bank's shares traded at an average price of 29,377 denars on Friday, Skopje bourse data showed.

(1 euro = 61.59 euro)

NLB Tutunska Banka AD Skopje is among the biggest banks in SEE, for more reference take a look at Top 100 banks
Compare