Fri, Apr 26, 2024
Garima Bikas Bank (GBBL) has announced dividend of the last FY.
The company announced of distributing 16 percent stock dividend of the paid-up capital maintained after the acquisition of Sahara Bikas Bank to its 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.