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Mahalaxmi Bikas Bank declares dividend

SPIL
Global College
Nepal Life New

Kathmandu. KATHMANDU: Mahalaxmi Bikas Bank Limited has announced a dividend to be distributed to its shareholders from the profit of the last FY. The bank has declared 5.37 percent cash dividend on its current paid-up capital along with 5% bonus share.

The meeting of the Board of Directors of the bank held on November 3 decided to distribute the dividend. The proposed dividend is subject to approval from Nepal Rastra Bank and the upcoming Annual General Meeting (AGM) of the bank.

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