SAIB shareholders approve 2018 reports

Saudi Investment Bank’s (SAIB) shareholders approved on April 18 the financial statements and board and auditing report for fiscal year 2018, the bank said in a bourse statement.

The extraordinary general assembly also approved appointing KPMG and Deloitte as the bank’s external auditors for Q1, Q2, Q3 and 2019 financial statements.

Shareholders approved paying around SAR 5 million in board members’ remuneration for 2018.

They also approved amending some of the bank’s bylaws and auditing committee regulations.