Laxmi Bank Limited approves dividend
Fri, Jan 13, 2012 12:00 AM on Others,
KATHMANDU,JAN 13:
Eleventh AGM of Laxmi Bank on Thursday approved 10.79 per cent cash dividend and five per cent stock dividend. After bonus share, the bank is planning to increase its issued and paid up capitals. The AGM also gave rights to board of directors to decide on merger or acquisition of other bank. The bank has deposit worth Rs 21.55 billion and posted operating profit Rs 606 million in last fiscal year.
Source: THT
