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Standard Chartered Bank declares dividend

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Kathmandu. Standard Chartered Bank Nepal Limited has announced a dividend to be paid to its investors from the profit of the last financial year. The bank has announced a cash dividend of 16 percent with tax purposes for the financial year 2082-83.

The 494th meeting of the board of directors of the bank held on September 26 has proposed to distribute a cash dividend of 16 percent including tax to the shareholders. Accordingly, the shareholders will get a cash dividend of Rs 16 per share.

The proposed dividend is subject to approval from Nepal Rastra Bank and its AGM.

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