Kathmandu. Muktinath Bikas Bank Limited has announced a dividend to its shareholders from the profit of the last fiscal year. The bank has declared dividend of 18.20 percent of its current paid-up capital.
Out of this offer, 13.53 percent is bonus share and 4.67 percent is cash dividend. The meeting of the Board of Directors of the bank held on September 14 has decided to distribute the dividend at this rate.
The proposed dividend is subject to approval from Nepal Rastra Bank (NRB) and approval by the upcoming Annual General Meeting (AGM) of the bank.
