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Machhapuchre Bank

Machhapuchre Bank to distribute 10 percent cash dividend

By Our Reporter
The board meeting of the Machhapuchre Bank Ltd held recently has decided to provide 10 percent dividend to its shareholders from the net profit earned by the Bank in the last fiscal year. The Bank, after approval by the Nepal Rastra Bank, will distribute the dividend to the shareholders during its AGM.
In the last fiscal year, the Bank had secured net income worth one billion 249 million six hundred thousand rupees. Bank’s paid-up capital is 8 billion 50 million rupees, whereas, 1 billion 110 million rupees is in the reserve fund.

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