Himalayan Bank Announces 15% Dividends

Himalayan Bank Announces 15% Dividends

Jan. 11, 2014, 5:45 p.m. Published in Magazine Issue: Vol: 07 No. -14 Jan. 10- 2014 (Poush 26, 2070)

Himalayan Bank Ltd has announced a 15 percent dividend -- 5 percent as bonus shares and 10 percent as a cash dividend -- to its shareholders from profits of Fiscal Year 2012/13.

A meeting of the board of directors made the decision, according to a statement from the bank.

The decision is subject to approval from the bank´s upcoming annual general meeting and Nepal Rastra Bank.

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