Share holders of Garima Development Bank will get 14.21% dividend till Sunday

Banking
KATHMANDU
Those who buy shares of Garima Development Bank will get 14.21% dividend till Sunday. The bank is closing the book from Monday to January 12 after convening the general meeting on January 12. Accordingly, the shareholders who remain till today will get dividend.

The bank is proposing to distribute 13.50% bonus share from last year’s profit and 0.71% cash dividend for tax purposes on the bonus. The meeting will be held at Hotel Pokhara Grand, Pardi Birauta from 10.30 am, the bank said.In case of merger or acquisition with any other bank and financial institution, the agenda of giving full authority to the Board of Directors will be presented in the meeting.