Gandaki Bikas Bank proposes 17.32% dividend

December 19, 2019 | Investopaper

Gandaki Bikas Bank (GDBL), a national level development bank has announced a 17.32 percent dividend to the shareholders. The dividend announcement is from the profit of the fiscal year 2075/76.

The board meeting of the bank held on Poush 2,2076 has proposed a 17.32  percent cash dividend. On the current capital of Rs. 2.75 Arba, the cash dividend is worth Rs. 47.63 crores.

Gandaki Bikas Bank will distribute the dividend after the approval from Nepal Rastra Bank and the upcoming AGM.

Gandaki Bikas Bank is in the acquisition agreement with Mega Bank Nepal.


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