Bhrikuti Dev Bank proposes 20% bonus share, Guheswori Merchant Banking & Finance Ltd offers 17% dividend

Bhrikuti Development Bank has proposed 20 percent bonus share from its net profit in the last fiscal year.

The bank based in Butwal had posted a net profit of Rs 8.41 crore in the last fiscal year.

It had distributed 15 percent bonus shares last year.

  Similarly, Guheswori Merchant Banking & Finance Limited has proposed 17 percent dividend—15 percent bonus share and 2 percent cash—to the shareholders from the net profit it earned in the last fiscal year 2069/70.

It had reported Rs 3.36 crore operational profit in the last fiscal year, and mobilized Rs 90.24 crore in deposit and Rs 85.73 crore in loan.

Last year, it had distributed 15 percent bonus shares to the shareholders.

However, the dividends proposed by these two BFIs are subject to the approval of Nepal Rastra Bank and their AGMs.
-sharesansar