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Pakistan's Bank AL Habib lowers FY'17 dividend

Pakistan's Bank AL Habib Ltd. lowered its dividend for the year ended Dec. 31, 2017.

The bank said Feb. 14 that its board proposed a dividend of 3 rupees per share for 2017, down from 3.50 rupees per share for the prior-year.

As of Feb. 14, US$1 was equivalent to 110.65 Pakistani rupees.