11 Percent Bonus by Sunrise

Kathmandu, Jan. 9- Sunrise Bank Limited has proposed 11 percent bonus shares from the net profit it posted in the last fiscal year 2069/70. A meeting of the bank’s board of directors has just taken the decision to this effect.

The propose dividend is, however, subject to the approval of Nepal Rastra Bank and the upcoming Annual General Meeting of the commercial bank.

Sunrise Bank had posted a net profit of Rs.31.91 crore in the last fiscal year.