Sanima Bank Ltd announced 15% bonus shares for FY 2070/71

Sanima Bank Ltd has announced 15 percent of bonus shares to its shareholders.According to the statement of the bank, it has said it will distribute 15 percent bonus shares to its shareholders from the net profit it has earned in the last fiscal year 2070/71.

The decision of the BoD is, however, subject to the approval of Nepal Rastra Bank (NRB) and Sanima Bank’s upcoming Annual General Meeting.

The commercial bank has registered a net profit of Rs 45.39 crore last year, up from Rs 30.51 crore in the previous fiscal year 2069/70. After the adjustment of the bonus shares, the paid up capital of the bank will reach Rs 2.54 arba.- SSN