NIBL plans dividend

KATHMANDU, NOV 28: 

Nepal Investment Bank Ltd (NIBL) has proposed five per cent cash and 25 per cent stock dividend from the profit of fiscal year 2011-12, subject to approval by Nepal Rastra Bank. The bank earned a net profit of Rs 1.04 billion in the last fiscal. It has said that it is committed to providing attractive returns to shareholders and is focused on quality service delivery to customers. It has 68 ATMs and 41 branches and is the only Nepali bank to have won four Banker of The Year Awards.

Source: THT