Prime Commercial Bank to Skip Dividend from FY 2079/80

December 19, 2023 | Investopaper

Prime Commercial Bank Limited (PCBL) has informed about the dividend to the shareholders. The dividend decision is from the fiscal year 2079/80.

The board meeting of the bank has decided to retain all the profit from the fiscal year 2079/80 and skip the dividend.

As of Ashad end’s 2080 BS, Prime Commercial Bank has a paid-up capital of Rs 19.40 Arba.

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 2078/79, PCBL had distributed an 8.95 percent dividend, including a 4 percent bonus share to the shareholders.

Suggested Readings:

Dividend History Of Prime Commercial Bank Limited (PCBL)


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