October 17, 2022 | Investopaper
Nepal Credit & Commerce Bank Ltd. (NCC Bank) formally registered as Nepal – Bank of Ceylon Ltd. (NBOC) as a joint venture with Bank of Ceylon, Sri Lanka. It commenced its operation on October 14, 1996. The name of the Bank was changed to Nepal Credit & Commerce Bank Limited (NCC Bank) on 10th September, 2002 after transfer of shares from Bank of Ceylon to Nepalese Promoters.
The bank underwent merger with four development banks – Infrastructure Development Bank Ltd., Apex Development Bank Ltd., Supreme Development Bank Ltd. and International Development Bank Ltd. and started the joint transaction from January 01, 2017.
NCC Bank has irregularly provided dividend to the shareholders and skipped dividend in most fiscal years. The table below shows the history of dividend of NCC Bank over the years.
Dividend History Of Nepal Credit & Commerce Bank (NCCB)
|Fiscal Year||Fiscal Year||Cash Dividend (%)||Bonus Share (%)||Total Dividend (%)|