Sunday, December 29, 2013

Nabil distributing cash dividend warrants from today

Kathmandu, December 29:


Nabil Bank Limited is distributing cash dividend warrant to its shareholders from today.

The 29th AGM of the leading commercial bank held in Kathmandu on 27th Dec, Friday had formally endorse 65 percent dividend – 40 percent cash and 25 percent bonus shares—to the shareholders from the net profit the bank posted in the last fiscal year 2069/70.

The cash dividend warrant is distributed through its RTS Nabil Investment Banking Limited at Naxal as per the serial number of the shareholders from 10:00 AM to 3:00 PM on all the working days except Friday.

On Friday, the cash dividend warrant will be
distributed from 10:00 AM to 1:00 PM only.

Nabil Bank had reported a net profit of Rs 2.23 arba in the last fiscal year 2069/70, a growth of 31.24 percent over the profit earned in the previous fiscal year.

Notably, Nabil Bank had proposed 60 percent dividend from its net profit in the previous fiscal year 2068/69.

The 29th AGM of the leading commercial bank is also expected to take a decision to soar up its capital base.

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