Prime Commercial urges investors to collect uncollected cash dividend; pending to be transferred in Investors Protection Fund

Prime Commercial Bank Limited (PCBL) has urged its shareholders to collect cash dividends provided by the bank. The bank has urged investors to collected their uncollected cash dividends by the end of Mangsir i.e. Mangsir 30, 2073 at the bank’s share registrar Civil Capital Market Limited , Kathmandu Plaza, Kamaladi. As per the company rule, the cash dividend will be transferred to Investors Protection Fund if the uncollected dividend due surpasses 5 years. Afterward, the cash dividend will not be provided to the investors. PCBL had earned Rs 25.10 crore profit in the first quarter of the current fiscal year 2073/74 as per unaudited report. Prime Commercial Bank had recently signed an agreement to acquire Biratlaxmi Bikas Bank Limited (BLDBL) and Country Development Bank Limited (CNDBL).