Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU:
Nabil Bank has convened its 37th AGM for the FY 2077-78 under the leadership of its chairman Upendra Prasad Poudyal on Poush 30, 2078.
The AGM has endorsed the board’s proposal to provide 33.60% bonus shares and 4.40% cash dividend to its shareholders from the profit it had made in the previous fiscal year. After the bonus shares, the paid-up value of the bank will scale up to Rs 18.49 billion.
The bank had earned a net profit of Rs 4.53 arba, registered EPS of Rs 33.57 during the review period, as per the media statement.
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