Fiscal Nepal
First Business News Portal in English from Nepal
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KATHMANDU: Nabil Bank Limited has proposed a 35.26 percent dividend for the fiscal year 2019-20.
The bank’s 552th meeting of the board held this week proposed a 1.76 percent cash dividend for tax purpose and a 33.5% bonus shares from the existing paid-up capital.
The paid-up capital of the bank is Rs 10.097 billion.
The decision shall be approved by the central bank and endorsed by the bank’s AGM.
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