Century Commercial Bank Announces 7.50 Percent Dividend


Banking news. Century Commercial Bank has proposed dividend. A meeting of the Board of Directors of the bank held at 10:30 am on December 13 proposed dividend from the last fiscal year’s profit. The remaining bonus amount to be distributed from the profits of the Fiscal Year 2075/76 is Rs. 168.3 million. The proposed paid-up capital is Rs. 8.58 billion with 5.25 percent bonus and 2.25 percent cash dividend and a total dividend of 7.50 percent has been proposed. . The dividend will be received by the shareholders after it is approved by the NRB and passed by the next annual general meeting.


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