KATHMANDU: Citizens’ Bank International is planning to distribute 10 per cent cash dividend from its last fiscal year profit.

On Friday, the bank inaugurated its 12th branch in Dhangadi. The bank has collected deposit worth Rs 11.524424 billion and floated Rs 8.21216 billion loan, said a press release. It has also posted an operating profit of Rs 180.45 million in the fiscal year 2008-09. It has around 45,000 customers.