Sewa Bikas Bank announces 21.5% dividend, EPS 28.3

 

Sewa Bikas Bank Ltd has announced 21.5 percent dividend to its shareholders.

According to the bank’s statement, the meeting of the bank’s board of directors (BoD) held on Tuesday in Butwal decided to provide 20 percent bonus shares and 1.5 percent cash dividend for the tax purpose.

Bank’s CEO Mahesh Prasad Kaphle said that the decision is, however, subject to the approval of the Nepal Rastra Bank (NRB) and the eighth annual general meeting of the bank.

According to Bishnu Kunwar, Deputy Manager of the bank, the bank has already provided 65 percent of dividend so far. He also said that the bank’s paid-up capital will reach Rs 36.64 crore after the bonus and rights shares are issued.

Sewa Bikas Bank & Muktinath Bikas Bank distributing 12% & 20% bonus share certificate from Dec 29.

Muktinath Bikas Bank Limited is distributing 20 percent bonus share certificates to its shareholders from today.
Growmore Merchant Banker Limited is the RTS.

The Annual General Meeting of Muktinath Bikas Bank held earlier this month had formally endorsed 27.5 percent dividend –20 percent bonus shares and 7.5 percent cash—to the shareholders from the net profit it earned in the last fiscal year 2069/70.

Sewa Bikash Bank Ltd has allotted the auction share and returning money to non-allotted applicants from 5th July, 2013 (21 Ashar, 2070)

Sewa Bikash Bank Ltd has allotted the auction share and returning money to non-allotted applicants from 5th July, 2013 (21 Ashar, 2070).
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