Nepal Rastra Bank (NRB) has given permission to Nil Giri Bikas Bank to provide 14 per cent dividend to its shareholders.The approved 14 per cent dividend will be provided to the share holders after deciding in the coming seventh annual general meeting (AGM) of the bank, said senior officer Anuman Shrestha at the bank.
With this decision, the bank will provide Rs. 8.05 million to the shareholders. The bank has collected Rs. 656,856,315 as a total deposit and invested Rs. 464,556,019 as loans in the last fiscal year.
The central office of the bank is situated at the district headquarters of Myagdi, Beni. - THT
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