Citizens Bank to Distribute 25.78% Dividend

August 30: Citizens Bank International Ltd (CBIL) has announced of distributing 25.78 percent dividends to its shareholders. The board of directors’ meeting of the bank held on August 28 proposed to distribute 24.49 percent bonus share and 1.29 percent cash dividend for tax provision to its shareholders. However, the proposal is subjected to approval from the bank's upcoming annual general meeting and Nepal Rastra Bank.