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Bank of Maldives ups FY'17 dividend

Bank of Maldives Plc raised its final dividend for 2017.

The bank said March 14 that its board proposed a final dividend of 22 rufiyaa per share for the year ended Dec. 31, 2017, up from 20 rufiyaa per share for the prior-year period.

The dividend payment is subject to shareholder approval.

As of March 14, US$1 was equivalent to 15.67 Maldive rufiyaa.