Nabil Bank AGM today to soar up capital base; 65% dividend confirmed

ShareSansar, December 27: The AGM being organized at United World Trade Center, Tripureshwor, is due to endorse 40 percent cash and 25 percent bonus shares to its shareholders from the net profit the bank posted in the last fiscal year 2069/70.

The 29th AGM of the leading commercial bank is also expected to take a decision to soar up its capital base.

Notably, Nabil Bank had proposed 60 percent dividend from its net profit in the previous fiscal year 2068/69.

Nabil Bank had reported a net profit of Rs 2.23 arba in the last fiscal year, a growth of 31.24 percent over the profit earned in the previous fiscal year.