DUBAI: The board of Saudi Arabia's Alinma Bank recommended a cash dividend of SR0.5 per share for 2015, the lender said on Monday in a bourse filing.

It would be Alinma's second dividend since it listed on the stock market in 2008. It gave the same cash dividend for 2014.

Alinma in October posted a 13.3 percent rise in third-quarter net profit, attributing it to improvements in core banking activities and an increase in operating income.