Nabil Bank announces 30% stock & 15% dividend; Paid up capital to reach Rs 6.17 arba

Nabil Bank Limited (NABIL) has decided to distribute 30 percent bonus share and 15 percent cash dividend to its shareholders. The BOD Meeting of the bank held on Bhadra 21, 2073 has proposed 30 percent bonus share and 15 percent cash dividend to its shareholders from the net profit it earned in the last fiscal year 2072/73. The decision is subjected to approval from Nepal Rastra Bank and its upcoming AGM. Earlier the bank had provided 30 percent bonus and 6.842 percent cash dividend to its shareholders from the net profit it earned in the fiscal year 2071/72. NABIL has earned net profit of Rs 2.82 arba in the fourth quarter of the last fiscal year 2072/73 as per unaudited report. It’s paid up capital stands at Rs 4.75 arba and after the issuance of 30 percent bonus share it’s paid up capital will rise to Rs 6.17 arba.