​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 60,000 (Sixty Thousand Saudi Riyals) on Al Rajhi bank due to its violation of clause (B) of Article (40) of the Listing Rules. The bank was late to inform the public about the Board of directors’ recommendation to increase the bank’s capital through issuance of bonus shares and to distribute dividends on the shareholders for the second half of the fiscal year 2013. It was later announced only less than two hours before the market opens on 19/01/2014.