Kailash Bikash Bank has proposed to offer 19 percent dividend for the
earning of FY 2069/70. Such decision was concluded by the bank’s board
of directors meeting held on Wednesday.Upon the approval from the Nepal Rastra Bank and its upcoming general meeting, the bank will be distributing 10 percent bonus share and 9 percent cash dividend to its shareholders.
The bank had earned a net profit of Rs 15.26 crore in the last fiscal year. The bank had collected a deposit of Rs 6 arba 26 crore and disbursed loans of Rs 5 arba.
-sharesansar
