Swabalamban Laghubitta Bikas Bank Limited (SWBBL) has decided to distribute 42 percent bonus share and 10.63 percent cash dividend including tax purpose to its shareholders.
The 243rd BOD Meeting of the company held on Ashwin 22 has proposed 42 percent bonus share and 10.63 percent cash dividend including tax purpose to its shareholders from the net profit it earned in the last fiscal year 2071/72.
The decision is subjected to approval from Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).
Earlier in the fiscal year 2070/71, Swabalamban Laghubitta had distributed 46.50 percent bonus share and 23.50 percent cash dividend to their shareholders
SWBBL had earned net profit of Rs 23.82 crore in the fourth quarter of last fiscal year 2071/72 unaudited report. It’s paid up capital remains at Rs 21.98 crore. After distributing 42 percent bonus share it’s paid up capital will rise to Rs 31.21 crore.