Nepal Merchant Banking and Finance Ltd (NMBFL) decided to distribute 20 percent dividend to shareholders at its seventh annual general meeting Saturday, an announcement said. The Bank recorded an operating profit of Rs.47.4 million in the fiscal year 2001/2.
Ace Finance Co. Ltd. Thursday announced a five percent dividend for shareholders at the company’s seventh annual general meeting after recording an operating profit of Rs.20.13 million, an announcement said.