Saturday, January 16, 2010

Nepal SBI bank to issue 10:4 bonus shares

Nepal SBI Bank earned an operating profit of Rs 442.3 million in fiscal year 2008/09, 25.2 percent more than what it earned in 2007/08. This was informed in the 16th annual general meeting of the bank held on Monday.

The bank also decided to provide 10:4 bonus shares and provide 2.11 percent cash dividend. The bank has 33 branches and six extension counters in 21 districts across the country. It has a network of 35 ATMs.
Source:Republica

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