PCBL Endorsing 15 percent Dividemd

Kathmandu, Dec. 20. Prime Commercial Bank will hold its Annual General Meeting on January 10.

The sixth AGM of the commercial bank is due to endorse 15 percent dividend, including 10 percent bonus shares, to the shareholders from the net profit it posted in the last fiscal year 2069/70.

The commercial bank had posted a hefty growth in profit in the fiscal year of 2069/70 — a 78.06 percent rise compared to the net profit it made in the previous fiscal year of 2068/69.

The bank earned a profit of Rs 47.97 crore in the last fiscal year as against Rs 26.94 crore reported in the previous fiscal year