Sat, Apr 27, 2024
NIC Asia Capital has announced divided of both mutual funds operated by it.
The board of directors meeting of the company held on July 30 decided to distribute the dividend.
As per the decision, both NIC Asia Growth Fund and NIC Asia Balance Fund will distribute 30 percent cash dividend to its mutual fund unit holders.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
