Capital Plan: Nabil to issue Irredeemable Preference Share worth Rs 2 arba

Nabil Bank Limited has published the capital plan submitted to the Nepal Rastra Bank (NRB). According to the plan the bank will issue Irredeemable Preference Share worth Rs 1 arba each in the year 2073 and 2074. Nabil Bank Limited (NABIL) has decided to distribute 30 % bonus share and 6.842% cash dividend for to its shareholders from the net profit it earned in the last fiscal year 2071/72. The bank also plans to give 15 % bonus share each in next two fiscal years. The Nabil Bank will reach the paid up capital of Rs 8.27 arba in the stipulated time set by the NRB.