Machhapuchchhre Bank proposes 5% bonus shares and 11% cash dividend including tax for its shareholders from the profit of FY 2075/76

Machhapuchchhre Bank, through its board meeting held on Bhadra 11, 2076, has proposed to provide 16% dividend to its shareholders from the profit it had made in the FY 2075-76. The bank will issue 11% cash dividend and 5% bonus shares after the board’s decision gets endorsed by the Nepal Rastra Bank and from its upcoming AGM, as per the media statement.

The bank had earned Rs 1.69 arba in the previous FY thereby taking its EPS to Rs 21.07. it’s paid up capital stands at Rs 8.05 arba with Rs 1.45 arba in its reserve.

The bank currently provides its services from its 136 branches, 121 branchless banking units, and 157 ATM terminals all over the nation.