The board of directors meeting of the bank held on September 9 proposed of distributing cash dividend worth Rs 218 million. As per the bank, it will add an extra number to the fraction shares to make a complete share and provide cash dividend to it.
The proposed dividend is subjected to approval from NRB and the upcoming AGM of the bank.
The bank that is in the midway to acquire Hamro Bikas Bank has a paid-up capital of Rs 2.59 billion. After the acquisition, the paid-up capital will reach above Rs 3 billion.
