Dec Mon 2020 06:48:23
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After the declaration of dividend for the Fiscal Year 2076/77, the paid up capital of 15 commercial banks has exceeded Rs. 10 billion. The capital of Rastriya Banijya Bank, which is yet to declare dividend, is likely to reach even higher. Of the remaining 11 banks, nine have a paid-up capital of Rs 9 billion and four have a paid-up capital of Rs 8 billion.
The paid up capital of Citizens Bank, Sanima Bank, Bank of Kathmandu, Nepal SBI Bank, Sunrise Bank, Machhapuchhre Bank, Nepal Bangladesh Bank and Rastriya Banijya Bank is currently in the range of Rs 9 billion. This capital will increase after Rastriya Banijya Bank declares dividend. 10 billion capital will have to declare at least 11.11 percent bonus shares.
Similarly, the paid-up capital of Everest Bank, Century Commercial Bank, Standard Chartered Bank and Civil Bank is still in the range of Rs 8 billion. Even though the dividend of Civil Bank is yet to be declared, the capital of this bank is certain to remain in this category as it currently has only Rs 8 billion.