Kumari Bank To Distribute 12.50% Cash Dividend

Sep 30, 2022 01:19 PM Merolagani

Kumari Bank (KBL) is set to distribute 12.50 percent cash dividend to its shareholders.

The board of directors meeting of the company held on September 30 decided to distribute the dividend to its shareholders.

The bank has skipped stock dividend for the year.

The proposed dividend is subjected to approval from Nepal Rastra Bank (NRB) and its upcoming AGM.

At the bank is in merger procedure with NCC Bank, its trading is suspended in NEPSE.

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