Royal Merchant Banking and
Finance ltd announced to
issue 10% bonus share of
paid up capital and to
distribute cash dividends of
5,79 per cent to the
shareholders of the company.
Yesterday the annual general
meeting approved the
proposal for these bonus
shares and annual report of
2005-2006. Royal Merchant
Banking and Finance made
profit of almost rs 7
million during last fiscal
year. During this year the paid up capital of
the bank grew from 30
million to 50 million.
Other banking news and
articles:
Lumbini bank reports
profit (12-1-2007)
Saving scheme - Kumari
Bank
Nepal banks rush into consumer lending
Banks to far away from clients
Indian
currency reserve of central bank of Nepal is declining
Housing & auto loans dominate consumer financing
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