International Dev. Bank announces 10% bonus and 10% Cash dividend

Wed, Feb 11, 2015 12:00 AM on Others,

Sharesansar, February 11:

The BOD meeting of International Development Bank Limited has proposed 10 percent bonus share and 10 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year 2070/71.

However, the decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting.

Previous year International Development Bank did not offered any dividend to its shareholder.

Currently, the banks has paid up capital of Rs 64 crore.