Muktinath Bikas Bank Announces Bonus Share

Sep 13, 2018 Merolagani



Muktinath Bikas Bank (MNBBL) has announced of distributing 18.25 percent bonus share to its shareholders. In the previous FY, the bank distributed 20 percent bonus share to its shareholders.

The bank will distribute 18.25 percent stock dividend of the current paid-up capital of Rs 2.59 billion and 0.96 percent cash dividend for tax purpose.

After the bonus share distribution, the paid-up capital will reach Rs 3.06 billion. The proposed dividend is subjected to approval from NRB and the upcoming AGM of the company.