Capital Plan: Nabil to issue Irredeemable Preference Share worth Rs 2 arba – ShareSansar

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Nabil Bank Limited has published the capital plan submitted to the Nepal Rastra Bank (NRB).

According to the plan the bank will issue Irredeemable Preference Share worth Rs 1 arba each in the year 2073 and 2074.

Nabil Bank Limited (NABIL) has decided to distribute 30 % bonus share and 6.842% cash dividend for to its shareholders from the net profit it earned in the last fiscal year 2071/72.

The bank also plans to give 15 % bonus share each in next two fiscal years. The Nabil Bank will reach the paid up capital of Rs 8.27 arba in the stipulated time set by the NRB.

Nabil Bank

"This article was published on ShareSansar (Oct 5, 2015)"