Mon, Apr 29, 2024
Green Development Bank has announced dividend of the last FY.
The board of directors meeting of the bank held on April 9 decided to propose 3.8 percent stock and 0.20 percent cash dividend to its shareholders.
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.