By Our Reporter
Nepal Investment Bank Ltd has decided to distribute 15 percent bonus share and 25 percent cash dividend to its shareholders. The recent board meeting has taken such a decision.
The Bank has already written letters to the Nepal Stock exchange and Nepal Rastra Bank to acquire permission to distribute dividend. The Bank will distribute 40 percent bonus share to the shareholders after receiving approval from the annual general meeting of the Bank.
The Bank, in the fiscal year 2016/17, has earned net profit worth two billion 290 million rupees, from which, the Bank has decided to distribute 40 percent dividend.