According to a statement published on Tuesday by the bank following its recent Ordinary General Meeting, BH Bank plans to issue one or more bonds and/or subordinated loans for a maximum amount of 150 million dinars (MD), to be carried out in one or more instalments within a maximum period of three years.
The bank has also set the dividend to be distributed to shareholders at 400 millimes per share, representing a total amount of 19.040 MDT. Of this, 3 MDT will be reserved as a priority for individual shareholders and deducted from the retained earnings from the extraordinary reserves constituted on 31 December 2013. This amount will not be subject to withholding tax.
Notably, BH Bank recorded a profit of 70.4 million Tunisian dinars for the 2024 financial year.
