Thu, Apr 25, 2024
Neco Insurance (NIL) has announced dividend of the last FY.
The board of directors meeting of the company held on January 17 decided to propose 15 percent stock and 0.79 percent cash dividend to its shareholders.
The proposed dividend is subjected to approval from IB and its upcoming AGM.
The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.