The board of directors meeting of the bank held on August 27 decided to propose 7 percent cash and 8 percent stock dividend to its shareholders.
The proposed dividend is subjected to approval from Nepal Rastra Bank and the upcoming AGM of the bank.
Presently, the bank has a paid-up capital of Rs 2.63 billion that will reach Rs 2.84 billion after the bonus distribution.
The bank earned a net profit of Rs 561.1 million and maintained EPS of Rs 21.31 in the last FY.
