Nepal SBI Bank to extend 5% cash dividend

Sat, Oct 13, 2012 12:00 AM on Others,

KATHMANDU, OCT 13: 

The 19th annual general meeting of Nepal SBI Bank held on Friday has decided to extend five percent of the paid-up capital as cash dividend and 12.5 percent bonus shares to its shareholders. 

According to a bank statement, the dividends would be distributed to shareholders from October 17 from the bank´s head office in Hattisar. The bank earned an operating profit of Rs 751.65 million and net profit of Rs 480.10 million last fiscal year.

Source: Republica