Citizens Bank International Announces Dividend

Dec 12, 2018 Merolagani

Citizens Bank International (CZBIL) has announced dividend of the last FY. The 282nd board of directors meeting of the bank held on December 11 decided to propose 5.263 percent dividend to its shareholders.

The bank decided to propose 5.263 percent dividend including 3.628 percent stock dividend worth Rs 291.4 million and 1.635 percent cash dividend worth Rs 131.3 million to the shareholders.

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

In the previous FY, the bank distributed 16 percent stock and 0.85 percent cash dividend to the shareholders.

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