4th Quarter Report of Western Development Bank

Kathmandu, July 31

Western Development Limited has posted net profit of Rs. 2.0858 million on its 4th quarter company analysis of the fiscal year 2070/71.

Western Development Bank distributing 6% Cash Dividend

Kathmandu, May 25

Western Development Bank Ltd. is going to distribute 6% Cash Dividend slip to its shareholder form today 25 May 2014 (11 Jestha, 2071).

3rd Quarter Report and Financial Analysis of Western Development Bank

Kathmandu, May 5

Western Development Bank Ltd. has posted net profit of Rs. 9.643 million during the 3rd quarter of fiscal year 2070/71.

AGM of Wester Development Bank

Kathmandu, April 17

Western Development Bank Ltd. has announced its 8th AGM to be held on 9 May, 2014 (26 Baishak, 2071) at Central Point Restaurant, Ghorahi-11, Dang. 

Right Share distribution of Western Development Bank

Kathmandu, March 26

Western Development Bank Ltd. has published notice regarding the right share certificate distribution and money return notice from 26 Mar, 2014 (12 Chaitra, 2070).

Western Development Bank to Auction General Share to Public

Kathmandu, Feb 18

Western Development Bank Limited is selling 80,269 units Ordinary Share on auction from today (8th to 16 Falgun, 2070).

Western Development Bank has Published Financial Report of 2nd Quarter for year 2070/71

Kathmandu, Feb 10

Western Development Bank Limited has posted net profit of Rs.5.55 million and published its 2nd quarter company analysis of the fiscal year 2070/71.

Western Development Bank proposed 15 % bonus share and 10% Cash dividend

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 has allotted its 3:2 ratio Right Share on (15th Magh, 2070).

Kathmandu, Jan 30

Western Development Bank Limited has published a notice of allottement of its 3:2 ratio Right Share to its shareholders on (15th Magh, 2070). The notice informs that it will be publishing another notice for distributing that right share.

Western Development Bank rights issue closes today

Kathmandu, December 31

Four lakh units of rights shares, which Western Development Bank Limited has been issuing at 3:2 ratio from November 10, is closing today.

The issuance of the rights shares of Rs 100 face value is being handled by Growmore Merchant Banker, the RTS of the development bank.

The shareholders can approach the Growmore’s office at Durbarmarg in Kathmandu or any branches of the ‘B’ class development bank based at Ghorahi in Dang, or the branch offices of Siddhartha Development Bank Limited to register their rights shares.