Thu, Jul 16, 2026
Shine Resunga Development Bank (SHINE) has announced dividend of the last FY. The 214th board of directors meeting of the bank held on March 14 decided to propose 15 percent stock dividend to its shareholders.
The bank will distribute stock dividend worth Rs 393.4 million to its shareholders. The proposed dividend is subjected to approval from NRB and the upcoming AGM of the bank.
Nepal's commercial banking sector has witnessed a notable turnaround, booking an aggregate net profit of Rs 64.56 billion during the first eleven months of the current FY 2082/83.