Sahayogi Vikas Bank proposes 17% cash dividend; Decision subject to approval from NRB and AGM

Sahayogi Vikas Bank Limited (SBBLJ) has proposed 17% cash dividend for its shareholders.

As per the notice published in NEPSE, the development bank has proposed 17% cash dividend for the FY 2074/75.

The decision of the microfinance company is subject to approval from Nepal Rastra Bank and upcoming AGM of the company.

The company had declared 20% bonus shares and 4.5% cash dividend for the FY 2073/74.