ShareSansar, Sept 10
Garima Bikash Bank has proposed 25 percent dividends—20 percent bonus shares and five percent cash, while Biswo Bikash Bank has offered 18 percent bonus and 0.95 percent cash for tax purpose, and Kaski Finance has proposed 13 percent cash.
The dividend proposed by the two development banks and the finance company will have to be approved by a meeting of their board of directors as well as the Nepal Rastra Bank.
Garima Bikash Bank, Bishwa Bikash Bank Limited and Kaski Finance Limited have announced dividends to their shareholders from the net profit they posted in the last fiscal year.
Garima Bikash Bank has proposed 25 percent dividends—20 percent bonus shares and five percent cash, while Biswo Bikash Bank has offered 18 percent bonus and 0.95 percent cash for tax purpose, and Kaski Finance has proposed 13 percent cash.
The dividend proposed by the two development banks and the finance company will have to be approved by a meeting of their board of directors as well as the Nepal Rastra Bank.
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