Machhapuchchhre Bank announces 6% dividend

Kathmandu. Machhapuchchhre Bank has announced a dividend. The bank has announced to pay dividend to its shareholders from the profit of the financial year 2082-83.

The meeting of the board of directors of the bank has decided to distribute 6% dividend on the current paid-up capital.

The bank has a bonus share of Rs 36,25,86,347 and a cash dividend of Rs 36,25,86,347.

The bank has also decided to distribute a cash dividend of Rs 7,

45,89,041 (including tax) to the preference shareholders for the current fiscal year.

The proposed dividend will be approved by the upcoming Annual General Meeting (AGM) after approval from Nepal Rastra Bank.

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