The board of directors meeting of the bank held on October 17 decided to propose 13.01 percent dividend including 12.3599 percent stock and 0.6505 percent cash dividend to its shareholders.
The proposed dividend is subject to approval from NRB and its upcoming AGM.
Currently, the company has a paid-up capital of Rs 1.29 billion which will reach Rs 1.45 billion after bonus share distribution.