NCC Bank announces 15% bonus share; paid up capital will increased to Rs 9.35 arba

Mon, Dec 23, 2019 10:06 AM on Dividend, Bonus & Rights, Stock Market,
NCC Bank a...

Nepal Credit and Commerce Bank Limited (NCCB) has proposed 15% bonus share worth Rs 1.22 arba and 0.78% cash dividend worth Rs 6.42 crore (for tax purpose) for its shareholders for FY 2075/76. 

The 777th BOD meeting held on Poush 6, 2076 has decided to proposed dividend from the earnings of fiscal year 2075/76.

The dividend will be distributed after the approval of the immediate Annual General Meeting which will be held after the approval from NRB. 

NCCB made profit of Rs 1.52 arba in FY 2075/76 as per unaudited Q4 report and its existing paid up capital is Rs 8.13 arba and after the distribution of bonus shares its capital will increased to Rs 9.35 arba.

The dividend history of NCCB is as follows: