Excel Development Bank offers 12.63 percent dividend

Kathmandu, April 9

Excel Development Bank Ltd. held meeting of the company’s board of directors on Thursday. The company has proposed to distribute 12 percent bonus share and 0.63 percent cash dividend from the last year’s profit to the shareholders for tax purposes.

The shareholders will receive dividend after the proposal is approved by Nepal Rastra Bank and passed by the next general meeting of the company.