Machhapuchchhre Bank to Skip Dividend from FY 2080/81
December 11, 2024 | Investopaper
Machhapuchchhre Bank Limited (MBL) has informed about the dividend to the shareholders. The dividend announcement is from the fiscal year 2080/81.
The board meeting of the bank held on Mangsir 26, 2081 BS has decided to retain the distributable profit from the fiscal year 2080/81 and skip the dividend.
The bank has sent the financial statements to Nepal Rastra Bank for approval after which it will convene the Annual General Meeting (AGM).
From the previous fiscal year 2079/80, MBL had provided a 14 percent dividend to the shareholders, including a 13.30 percent bonus shares.
As of Ashad’s end 2081 BS, Machhapuchchhre Bank has the paid-up capital of Rs. 11.62 Arba.
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