Nabil Bank to distribute 34pc dividend

, January 8

The 35th of has approved the proposal to distribute 34 per cent dividend — 22 per cent cash and 2 per cent bonus shares — to its shareholders from the profit earned in fiscal year 2018-19.

In the last fiscal year, the bank earned a profit of Rs 4.24 billion, as per a media release.

Its operating profit for the year stood at Rs 6.03 billion. Compared to the previous fiscal, the bank’s operating profit and net profit rose by 6.61 per cent and 6.45 per cent, respectively.

Read the full article on The Himalayan Times.

Read Previous

MoFE gearing up to revise EIA threshold rules

Read Next

MoFE gearing up to revise EIA threshold rules

Got any Comments/ Questions?