Nepal Bangladesh Bank announces dividend

December 25, 2001
1 MIN READ
A
A+
A-

December 25, 2001
KATHMANDU: Nepal Bangladesh Bank Monday announced a five percent dividend for shareholders from its profits for the fiscal year 057/58  while deciding to issue one bonus share for every two shares, a company announcement said.

The issue of bonus shares on the recommendation of the board of directors has to be approved by the Nepal Rashtra Bank. The Bank made a profit of Rs.198.7 million in the fiscal year 057/58 compared to Rs.139.5 million the previous year. The paid-up capital of the Bank stands at Rs.561.3 million.