Nabil Bank proposes 35.26% dividend for 2019-20

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.