Subhechha Bikas Bank proposes 16.74% dividend

Kathmandu

Subhechha Bikas Bank Limited has proposed 16.74 percent dividend – 10 percent bonus share and 6.74 percent cash -- to its shareholders from the net profit it posted in the last fiscal year 2069/70.

The proposed dividend, however, is subject to the approval of Nepal Rastra Bank and the upcoming Annual General Meeting of the development bank.

Subhechha had posted a net profit of Rs 66 lakh in the last fiscal year.