Kathmandu, Dec 26-
Siddhartha Bank Limited has announced its Annual General Meeting to be held on January 28, 2014. which, will endorse 22 percent dividend, which includes 12 percent bonus shares to the shareholders from the net profit the bank earned in the fiscal year 2069/70.
The 12th AGM of the commercial bank will be held at Trade Tower at Thapathali in Kathmandu.
Siddhartha Bank has reported 49.43 percent growth in profit in the last fiscal year.
The bank earned a profit of Rs 49.04 crore in the
FY 2069/70 as against Rs 33.04 crore in the previous year.
The bank’s deposits increased to Rs 28.39 arba, a mere 9.42 percent rise over Rs 25.94 arba of the previous fiscal. Loans and advances, however, grew 14.82 percent to Rs 23.11 arba.
The bank’s EPS stands at Rs 30.29 annually and net worth at Rs 165.12.
Siddhartha Bank Limited has announced its Annual General Meeting to be held on January 28, 2014. which, will endorse 22 percent dividend, which includes 12 percent bonus shares to the shareholders from the net profit the bank earned in the fiscal year 2069/70.
The 12th AGM of the commercial bank will be held at Trade Tower at Thapathali in Kathmandu.
Siddhartha Bank has reported 49.43 percent growth in profit in the last fiscal year.
The bank earned a profit of Rs 49.04 crore in the
FY 2069/70 as against Rs 33.04 crore in the previous year.
The bank’s deposits increased to Rs 28.39 arba, a mere 9.42 percent rise over Rs 25.94 arba of the previous fiscal. Loans and advances, however, grew 14.82 percent to Rs 23.11 arba.
The bank’s EPS stands at Rs 30.29 annually and net worth at Rs 165.12.
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