Nepal Rastra Bank has approved the dividend announced by Asha Laguvitta Financial Institution (ALBSL) to be distributed to the shareholders from the profit of the last financial year.
Rastra Bank has approved the distribution of bonus shares at the rate of 14.25 percent of the current paid-up capital and cash dividend at the rate of 0.75 percent for tax purposes, giving a total of 15 percent to Laguvitta.
The dividend will be distributed after the next annual general meeting passes it.