Nepal Investment Bank Announces Dividend

Nov 13, 2019 10:49 AM Merolagani

Nepal Investment Bank (NIB) has announced dividend of the last FY. The 522ND board of directors meeting of the bank held on November 13 decided to propose 19 percent dividend to its shareholders.

The bank will distribute 10.5 percent stock dividend worth Rs 1.35 billion and 8.5 percent cash dividend worth Rs 1.09 billion to the shareholders.

The proposed dividend is subjected to approval from NRB and its upcoming AGM.

comments powered by Disqus

SEBON to approve API policy, Brokers can bring-in best suited TMS

Jul 14, 2020 10:49 AM

Securities Board of Nepal (SEBON) is set to approve Application Program Interface (API) policy. It will solve the problem of TMS as desired by investors since the long time.