Citizen Bank International announces 20 pc bonus share

Sharesansar, September 2:
 

The BOD meeting of Citizen Bank International has proposed 20 percent bonus share and 1.05 percent cash dividend (tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2071/72. However, the decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting.

Citizen Bank has earned Rs 72.38 crore during the end of last fiscal year 2071/72 as per unaudited report. Its paid capital stands at Rs 2.55 billions.
 

Previous year Citizen Bank has offered 13 percent bonus share and 5.95 percent cash dividend to its shareholder.