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.