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Dividend News: NCC Bank announes 15.89% bonus share

By: Nepse Direct Jul 07, 2019

Nepal Credit And Commercial Bank Limited (NCCB) in its 752nd Board of directors meeting has approved 15.89% bonus share and 0.83% cash dividend from the profits of Fiscal Year 2074/75. The dividend needs to be approved by Nepal Rastra Bank, and in the upcoming AGM of the company. 

After the distribution of the bonus share the paid up capital of the bank will reach Rs 8 arba meeting the minimum paid up capital requirement set by NRB. The LTP of NCCB stood at Rs 248 as of 4th June 2019. 

Shivam Cement
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