Thu, Apr 25, 2024
Kamana Sewa Bikas Bank (KSBBL) has announced dividend of the last FY. The 280th board of directors meeting of the bank held on November 12 decided to propose 6.5 percent cash dividend to its shareholders.
The bank will distribute Rs 172.7 million in cash dividend to the shareholders.
The proposed dividend is subjected to approval from NRB and its upcoming AGM.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
