Deva Bikas Bank proposes 8.55% bonus share
March 15, 2020 | Investopaper
Deva Bikas Bank, which is in the acquisition agreement with Kumari Bank, has proposed the dividend to the shareholders. The dividend declaration is from the fiscal year 2075/76.
The national-level development bank has proposed a 8.55 percent bonus share to the shareholders. The bonus share amounts to Rs. 27.16 crores.
The current capital of the bank is Rs. 3.18 Arba.
The dividend is subject to approval from Nepal Rastra Bank and the upcoming AGM of Deva Bikas Bank.