Thu, Apr 25, 2024
Shine Resunga Development Bank has announced dividend of the last FY.
The board of directors meeting of the bank held on November 23 proposed of distributing 13.30 percent stock and 0.70 percent cash dividend for tax purposes.
The proposed dividend is subject 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.
