Chhimek Laghubitta Bikas Bank Ltd has proposed 35 percent bonus share
and 10 percent cash dividend to its share holders for the last fiscal
year 2070/71.
The Board of Directors of the microfinance institution has just taken the decision to this effect.
However, the pledged dividend is subject to the approval of Nepal Rastra Bank and its upcoming Annual General Meeting.
Back in July, Chhimek, which is among the leading MFIs, had decided to pledge 2:1 right share to its shareholders.
This pledge is also subject to the approval of NRB and the company’s upcoming AGM.
Established with an objective to transform socio-economic lives of the poor and underprivileged women through micro-finance services, Chhimek Laghubitta has 57 branches in 31 districts of the country.-SSN
The Board of Directors of the microfinance institution has just taken the decision to this effect.
However, the pledged dividend is subject to the approval of Nepal Rastra Bank and its upcoming Annual General Meeting.
Back in July, Chhimek, which is among the leading MFIs, had decided to pledge 2:1 right share to its shareholders.
This pledge is also subject to the approval of NRB and the company’s upcoming AGM.
Established with an objective to transform socio-economic lives of the poor and underprivileged women through micro-finance services, Chhimek Laghubitta has 57 branches in 31 districts of the country.-SSN
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