Sunday, January 12, 2014

Swabalamwan Laghubitta endorsed 27% dividend, including 14% bonus shares

Kathmandu, Jan 12


Swabalamwan Laghubitta Bikas Bank Limited held its 12th Annual General Meeting today.

The AGM at Naxal Banquets, Narayanchour has endorsed 13.36 percent cash dividend and 14 percent bonus shares to its shareholders. 

It is also scheduled to increase the micro-finance development bank’s capital base.

The microfinance development bank had posted a net profit of Rs 6.64 crore in the last fiscal year and went on to post additional net profit of over Rs 2 crore in the first quarter of the current fiscal year

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