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Bank of Jining raises FY'17 cash dividend

Bank of Jining Co. Ltd. declared a cash dividend of 9 Chinese fen per share for full-year 2017.

This was up from 2 fen per share in the prior-year period.

The dividend was approved by shareholders in its annual general meeting, the lender said in a May 31 release.

As of May 31, US$1 was equivalent to 6.41 Chinese yuan.