November 22, 2022 | Investopaper
Lumbini Bikas Bank Limited (LBBL) is a ‘B’ class national-level development bank licensed by Nepal Rastra Bank. It emerged after the merger of five Banks and Financial Institutions namely Bhajuratna Finance Ltd., Birgunj Finance Ltd., Himichuli Bikas Bank Ltd., Lumbini Finance and Leasing Co. Ltd., and Vibor Bikas Bank Ltd. The merger between Vibor Society Development Bank and Lumbini Finance and Leasing took place on 25th Ashad 2074 BS and the name was changed into Lumbini Bikas Bank.
Since the fiscal year 2074/75, the bank has been distributing satisfactory dividends to the shareholders. The table below presents the dividend history of Lumbini Bikas Bank Limited (LBBL).
Dividend History Of Lumbini Bikas Bank Limited (LBBL)
|Fiscal Year||Cash Dividend (%)||Bonus Share (%)||Total Dividend (%)|