Dividend forecast from Rastriya Banijya bank: 20% in 2017 AD & 50% in 2020 AD

Rastriya Banijya Bank Limited (RBBL) is gearing up to offer Rs 2.57 arba worth of shares to the public. It's clienteles as well as public from all over Nepal are anxious to invest in this bank. Mr. Krishan Prasad Sharma, CEO of RBBL, said, "Current paid of capital (of RBBL) is 8.58 arba. We do not plan to share our profit with the government at this time. All the profit we make will increase our reserve. Our expected net profit, calculated using conservative approach, within next five years will be at least Rs 5.5 Arba. If we were to put aside 1.5 arba for the reserve we can easily give at least 4 arba as dividend. So, we should be able to give 20% in 2017 AD & 50% in 2020 AD." At the earliest the public shares are expected to be issued by the end of Poush, 2072. RBBL is determined to issue the shares to public by the end of this fiscal year at the latest.