Nabil Bank recommends 30% bonus share and 15% cash dividend

The 436th board meeting of Nabil Bank held on 6 September has decided to recommend to the upcoming shareholder‘s Annual General Meeting for distributing 30 percent bonus share and 15 percent cash dividend to its shareholders, subject to approval of the Nepal Rastra Bank. In the last fiscal year, Nabil Bank earned an operating profit of Rs 4.35 billion, which is the highest among all banks in Nepal. Similarly, the bank has earned net profit of Rs. 2.82 billion, a growth of 35 percent over the previous year maintaining its leading position among private sector banks.