Standard Chartered Bank Nepal Announces Bonus Share and Cash Dividend for FY 2080/81 - Alblag.com

Standard Chartered Bank Nepal 

Standard Chartered Bank Nepal Limited has proposed a bonus share of 6.5% (6.5 shares for every 100 shares) and a cash dividend of 19% (Nepalese Rupees Nineteen per share) (Inclusive of tax) for the financial year 2080/81. This decision was made at the 464th meeting of the Board of Directors held on October 29,2024 at 4:30 P.M.

Key Points from Notice:

• Bonus Shares: The proposed bonus share of 6.5% will increase the number of shares held by existing shareholders of Standard Chartered Bank Nepal Limited, reflecting the bank's growth and profitability.
• Cash Dividend: The Cash Dividend of 19% will provide shareholders of Standard Chartered Bank Nepal Limited with a direct cash return on their Investment.
• Subject to Approvals: The proposed bonus share and cash dividend are subject to approval from Neplal Rastra Bank (NRB) and the Annual General Meeting (AGM) of the shareholders.

About Standard Chartered Bank Nepal Limited:

Standard Chartered Bank nepal Limited is a subsidiary of the Standard Chartered Group, a leading international banking group. The bank offers a wide range of banking and financial services to individuals and bussinesses in nepal.

Standard Chartered Bank Nepal Announces:Bonus and Dividend