Everest Bank Announces 20% Cash Dividend

Nov 02, 2018 Merolagani

Everest Bank (EBL) has announced dividend of the last FY. The 219th board of directors meeting of the bank held on November 1 decided to propose 20 percent cash dividend to its shareholders.

The company will distribute 20 percent cash dividend worth Rs 1.66 billion of the current paid-up capital Rs 8.02 billion.

The proposed dividend is subjected to approval from the NRB and the upcoming AGM of the company.

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