Tuesday, October 29, 2013

BoK offers cash, stock dividend


The 19th annual general meeting of Bank of Kathmandu (BoK) held on Monday decided to provide its shareholders 14 percent bonus shares and 0.73 percent cash dividend. The bank earned operational profit of Rs 890 million and net profit Rs 617 million in last fiscal year. Compared to 2011-12, deposits grew by 10.84 percent to Rs 27.70 billion last year, while lending was up 19.31 percent to 23.05 billion. The bank has 50 branches, 58 ATMs and 8 extension counters.

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