Grand Bank proposes 4.75 percent cash dividend

Sun, Jan 12, 2014 12:00 AM on Dividend, Bonus & Rights,

ShareSansar, January 12:

Grand Bank Nepal Limited has proposed 4.75 percent cash dividend to its shareholders from the net profit it posted in the last fiscal year 2069/70.

The proposed dividend, however, is subject to the approval of Nepal Rastra Bank and the upcoming AGM of the commercial bank.

Grand Bank had posted a net profit of Rs.20.05 crore in the last fiscal year of 2069/70.