Nabil Bank to offer 65 percent dividend

Nabil Bank Limited has decided to offer 40 percent cash dividend and 25 percent stock dividend to its shareholders. The Nepal Rastra Bank has already approved the Nabil board’s recommendation for the same, the bank said in a statement, adding the cash dividend distribution will start from Dec 29. It said total assets reached Rs 73.24 billion on 2012-13, while profit before provision reached Rs 3.49 billion. It earned profit after tax of Rs 2.22 billion.

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