NIC Asia Bank Announces Dividend

Sep 15, 2023 10:56 AM Merolagani



NIC Asia Bank (NICA) has announced dividend of the last FY.

The board of directors meeting of the bank held on September 14 decided to propose 30.5263 percent dividend including 29 percent stock and 1.5263 percent cash dividend to its shareholders.

The proposed dividend is subject to approval from NRB and its upcoming AGM.




Commercial Banks Log Rs 64.56 Billion Net Profit in 11 Months

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Nepal's commercial banking sector has witnessed a notable turnaround, booking an aggregate net profit of Rs 64.56 billion during the first eleven months of the current FY 2082/83.

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