Mega Bank announces 12 percent bonus share

The 106th board meeting of Mega Bank held on Tuesday announced 12 percent bonus share and 0.6315 percent cash dividend for tax purpose to its shareholders.

Dec. 11, 2014, 5:45 p.m. Published in Magazine Issue: Vol: 08 No. -12 December. 5- 2014 (Mansir 19, 2071)

The 106th board meeting of Mega Bank held on Tuesday announced 12 percent bonus share and 0.6315 percent cash dividend for tax purpose to its shareholders.

However, the decision is subject to approval of Nepal Rastra Bank and upcoming Annual General Meeting of the bank, the said in a press release.

“The board has shown its commitment to the constant growth of the bank by deciding to distribute profits through bonus shares whereby enhancing the bank’s capital base and ability to enhance business volumes in the days ahead”, stated CEO Anil Shah

 

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