Kathmandu, December 10 - As per the information from NEPSE, the Board of Directors of Standard Chartered Bank (SCB) has proposed 100% stock dividend and 5.26% cash dividend to its shareholders from its performance of fiscal year 2073-74.

With this the paid up capital of the exceeds 8.o arab. The proposal of BOD is subject to approval from Nepal Rastra Bank and Annual General Meeting of the Bank.

Similarly , the Board of Directors of Jyoti Bikash Bank (JBBL) has proposed 10% stock dividend dividend to its shareholders from the net earnings of fiscal year 2073-74. With this bonus share and acquisition of Raptibheri Bikash Bank. The paid up capital of the development bank exceeds the requirement set by the Nepal Rastra Bank for National Level development bank.

Corporate News

NRB seeks commitment from commercial banks for mergers and acquisitions

Kathmandu, June 27-Nepal Rastra Bank today summoned chairpersons and chief executive officers of all 28 commercial banks in operation to discuss possible mergers and acquisitions in the future.

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Remittance up by 20 %

KATHMANDU, June 19: Despite the declining number of people leaving for foreign jobs, the remittance into the country has increased by 20 percent, according to Nepal Rastra Bank report.

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Govt plans to raise CGT on share transactions from next fiscal year

Kathmandu, May 26- The government is planning to increase the capital gains tax (CGT) on share transactions from the next fiscal year citing the need to usher in stability in the share market.

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Civil Bank holds AGM

KATHMANDU, May 11: The Annual General Meeting (AGM) of Civil Bank Ltd has approved 14.30 percent dividend – 10.25 percent stock and 4.05 percent cash – to its shareholders. The event was held at Amritbhog in Kathmandu.

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Symbol % Change Last Price Turnover
CMF1 11.1111 10.0 62,820.0
NMBHF1 11.1111 10.0 781,968.0
CLBSL 8.8235 555.0 920,390.0
AKPL 6.2147 188.0 611,238.0
RBSPO 4.9911 8,877.0 88,770.0
Symbol % Change Last Price Turnover
AKJCL -4.1667 69.0 24,660.0
RHPC -3.2258 90.0 6,773.0
SLBBL -2.8634 441.0 3,923,327.0
FMDBL -2.8497 375.0 8,263,115.0
SHPC -2.3904 245.0 241,660.0
Symbol % Change Last Price Turnover
NBL -0.2967 336.0 57,872,577.0
NLICP 0.7605 530.0 34,450,000.0
NABIL 0.1252 800.0 20,690,486.0
SHIVM 0.1647 608.0 14,969,934.0
NLICL -0.8475 585.0 12,930,543.0