
Kathmandu, September 16
Kumari Bank has announced a dividend for its shareholders.
A meeting of the bank’s board of directors held on Tuesday decided to distribute a cash dividend equal to 2.1053 per cent of paid-up capital, inclusive of tax. The bank’s paid-up capital currently stands at Rs 26.22 billion.
The bank said the dividend will be distributed once it is approved by Nepal Rastra Bank and endorsed by the annual general meeting.