NIBL Endorsing 35 Percent Dividend

Kathmandu, Dec. 26 – Nepal Investment Bank Limited, the commercial bank with the largest client base, is holding its Annual General Meeting today (Dec. 26, 2013).



The 27th AGM of Nepal Investment Bank being held at Nepal Academy Hall, Kamaladi in Kathmandu is due to formally endorse 35 percent dividend – 25 percent cash and 10 percent bonus shares—to the shareholders from the net profit the bank posted in the last fiscal year 2069/70.



The commercial bank with the largest number of account holders had earned a net profit of Rs 1.99 Arba in the last fiscal year.