Doha – Mubasher: Al Khalij Commercial Bank (al khaliji) announced on Sunday that its board of directors will gather on 19 April to look into the financial statements for the first quarter of 2016, according to a bourse filing.

The bank’s profits rose last year to QAR 625.5 million ($171.60 million) for 2015, up 11.1% from QAR 562.9 million ($154.43 million) in 2014.

Al Khalij’s ordinary general meeting (OGM) earlier approved cash dividends at 10% or QAR 1 ($0.27) per share for the fiscal year 2015.

The Qatar listed bank’s stock rose in today’s session by 0.12% as 28,300 shares were exchanged at QAR 492,000 ($135,155).