Lumbini Bank offers 6% bonus and 5% cash dividend; Paid-up capital - TopicsExpress

Lumbini Bank offers 6% bonus and 5% cash dividend; Paid-up capital to reach Rs 2 arba ShareSansar, September 11: Lumbini Bank has announced that it will distribute 11 percent dividend to its share holders. According to the bank, its board of directors (BoD) meeting held on Thursday proposed 6 percent bonus shares and 5 percent cash dividend to its shareholders from the net profit that it has earned in the last fiscal year 2070/71. The decision of the BoD is however subject to the approval of the bank’s upcoming annual general meeting and Nepal Rastra Bank. sharesansar/viewnews.php?id=22229&cat=news

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