Civil Bank Announces Bonus

Jun 20, 2018 Merolagani

Civil Bank (CBL) has announced of distributing 10.25 percent stock and 0.54 percent cash dividend to its shareholders.

The 248th board of directors meeting of the bank held on June 4 decided to propose bonus share worth Rs 744 million. The proposed dividend is subjected to approval from NRB and the upcoming AGM on the bank.

Presently, the bank has a paid-up capital of Rs 7.25 billion that will reach Rs 8.33 billion after the bonus share distribution.

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