Qatar National Bank (QNB) Group became the first financial institution in the country to distribute semi-annual dividends to shareholders, announcing the same on Tuesday.
According to QNB, this move is intended to support the country's economy in line with the core tenets of Qatar National Vision 2030, specifically the economic aspect, which centres on creating a competitive, diverse economy that can meet present demands while guaranteeing a high standard of living for future generations.
The bank's decision to issue dividends twice a year is expected to bolster investor confidence in its operational success. It will also offer regular updates on the bank's sound financial standing and capacity to generate attractive returns for shareholders.
