Machhapuchchhre Bank Becomes First Bank to Announce Dividend for FY 2081/82; Board Proposes 8% Dividend
Summary
Machhapuchchhre Bank Limited has become the first commercial bank to announce an 8% total dividend for FY 2081-82, subject to regulatory and AGM approval.
Key Points
- Machhapuchchhre Bank Limited announced dividend for FY 2081-82.
- The board proposed 4% bonus shares and 4% cash dividend including tax.
- Paid-up capital of the bank is Rs. 11.62 Arba.
- Dividend approval is pending from Nepal Rastra Bank and the AGM.
