Kathmandu. Kumari Bank has announced a dividend to its shareholders from the profit of the last financial year.

The bank’s board of directors meeting held on September 14 declared the dividend.

The bank has proposed to provide 2.1053 percent tax and cash dividend on its existing paid-up capital.

The meeting of the board of directors of the bank held on September 15 has decided to distribute the dividend at this rate.

The proposal will be approved by Nepal Rastra Bank and approved by the upcoming Annual General Meeting (AGM) of the bank.