Bonus Share of Sagarmatha Finance Approved

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Bonus Share of Sagarmatha Finance Approved

May 23: Nepal Rastra Bank has approved 15.85 percent bonus share proposal of Sagarmatha Finance. As per the press release, the bonus share will be distributed to shareholders after the proposal is endorsed by the annual general meeting of the company. The company has collected Rs 3.83 billion in deposits and invested loan of Rs 2.50 billion so far. Similarly, the company has made profit of Rs 110.87 million. Headquartered in Manbhawan, Lalitpur, the company is providing financial services through 10 branches.  

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