25% bonus share proposal from BOD of Birat laxmi development bank

Kathmandu December 14- BOD of Birat laxmi development bank has proposed to distribute 25% bonus share to its investors. After the distribution of bonus share, paid up capital of the company will reach Rs. 425.3 million.

The proposal is subjected to approval from NRB and forthcoming AGM.

Bank has managed to earned Rs. 13 million net profit. Bad debt of the company has rested on 1.31%, risky assets is of 14.06%, EPS of the company (annual) is Rs. 15.33 and P/E ratio is 23.95 times.