Kathmandu. Nabil Bank Limited has proposed a total dividend of 38 percent from the accumulated profits of the last fiscal year 077/78. A meeting of the bank's board of directors on November 29 proposed to distribute 33.6 percent bonus shares and 4.4 percent cash dividend for tax purposes on the basis of the existing paid-up capital.

Currently, the bank's paid-up capital is Rs. 13.84 billion 44.51 million. The bank is preparing to distribute dividend on the basis of the same capital. The proposed dividend will be distributed after the approval of Nepal Rastra Bank and the approval of the next general meeting of the bank. Nabil Bank has the highest dividend of any commercial bank so far.