NMB Bank declared 15.8 percent dividend

Nov Tue 2021 10:41:24

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NMB Bank declared 15.8 percent dividend

Kathmandu. NMB Bank has decided to pay 15.85 percent dividend to the shareholders from the profit of the Fiscal Year 2077/78.The board of directors of the bank has decided to give 12.55 bonus shares and 3.35 cash dividend including tax purposes.

The proposal will be received by the shareholders after it is approved by the NRB and the upcoming annual general meeting of the bank. After the bonus distribution, the bank's paid-up capital will reach Rs 18.36 billion. NMB Bank customers can also trade shares through my share account. NMB Bank is the first bank to lend in US dollars.