Kamana Sewa Bikas Bank Announces Dividend

Apr 09, 2019 Merolagani

Kamana Sewa Bikas Bank (KSBBL) has announced dividend of the last FY. The board of directors meeting of the bank held on April 7 decided to propose 9.5 percent dividend to its shareholders.

The bank will distribute 1.5 percent stock worth Rs 37.5 million and 8 percent cash dividend worth Rs 200 million to the shareholders.

The proposed dividend is subjected to approval from NRB and its upcoming AGM. Presently, the bank has a paid-up capital of Rs 2.50 billion that will reach Rs 2.54 billion after the bonus share distribution.

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