Century Commercial Bank to distribute 9% bonus share

Kathmandu December 29- BOD meeting of Century Commercial Bank Limited  has proposed to distribute 9 percent bonus share and 0.47 percent cash dividend for tax provision from the net profit earned in the last FY to its shareholders.

The proposal is subjected to approval from NRB and fourth coming AGM.

Century Commercial bank has earned net profit of Rs 74.2 million in the first quarter of the current FY. After distribution of bonus share, paid up capital of the bank will reach Rs. 2 billion 31 million.