Kathmandu, Feb 2
Western Development Bank Limited has offered 15 percent bonus shares and 10 percent cash dividend to its shareholders from the net profit it posed in the last fiscal year 2069/70.
The 183rd meeting of the development bank’s Board of Directors has just taken the decision to this effect.
The pledged dividend is, however, subject to the approval of the central bank and the upcoming Annual General Meeting of the development bank.
Western Development had posted a net profit of Rs 1.30 crore in the last fiscal year 2069/70.
Western Development Bank Limited has offered 15 percent bonus shares and 10 percent cash dividend to its shareholders from the net profit it posed in the last fiscal year 2069/70.The 183rd meeting of the development bank’s Board of Directors has just taken the decision to this effect.
The pledged dividend is, however, subject to the approval of the central bank and the upcoming Annual General Meeting of the development bank.
Western Development had posted a net profit of Rs 1.30 crore in the last fiscal year 2069/70.
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