Himalayan Bank Announces Bonus Share and Cash Dividend

November 2: A meeting of the Board of Directors of Himalayan Bank Limited has decided to distribute bonus shares and cash dividend to its shareholders.

Issuing a press statement, the bank said its board meeting held on October 31 has decided to provide 25 percent bonus share and 1.3158 percent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016/17.

This decision is subject to the approval of the upcoming 25^th Annual General Meeting and Nepal Rastra Bank, the bank said in as statement.