ShuvaLaxmi to distribute 5.75% cash dividend

KATHMANDU, OCT 31: 

ShuvaLaxmi Finance has announced to distribute 5.75 percent cash dividend to its share holders from the profit it earned in 2011/12. However, the distribution would be done only after its annual general meeting endorses the management´s decision, the finance company said in a press release on Tuesday. In the release issued on the eve of its 5th anniversary, the finace company has promised better services to its customers in the days to come. It has been providing gold loan, small and medium enterprises (SME) loan and home loan at interest of around 13 percent. The company presently operates with head office at Naxal in Kathmandu and branch offices in Bhumahi, Nawalparasi, Kholesimal and Chitwan.

Source: Republica