Subbechha Bikas Bank has proposed 19.5 percent dividend – 10 percent bonus share and 9.5 percent cash – from the net profit it registered in the last fiscal year.
A meeting of the Board of Directors of the development bank has just taken the decision to this effect.
The decision is, however, subject to the approval of Nepal Rastra Bank and the upcoming AGM of the development bank.
“We have already made a formal request the central bank for approval of the dividend,” a source at the development bank .
A meeting of the Board of Directors of the development bank has just taken the decision to this effect.
The decision is, however, subject to the approval of Nepal Rastra Bank and the upcoming AGM of the development bank.
“We have already made a formal request the central bank for approval of the dividend,” a source at the development bank .
-sharesansar
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