Prime Bank to give 16 percent bonus

KATHMANDU: NOV. 9 – Prime Commercial Bank has declared a dividend of 16.63 percent of its paid-up capital from last year’s profit.

The bank has announced to give 16 percent bonus share and zero point 63 percent cash dividend.

The dividend declared by the bank is yet to be approved by Nepal Rastra Bank. The bank has slightly increased the dividend rate from last year.

The bank had given 15 percent bonus share last year. In the previous two years, bonus shares were given at the rate of 16 percent.