Himalayan Bank announces dividend

KATHMANDU: The meeting of the board of directors of Himalayan Bank Ltd (HBL) held on Tuesday has decided to provide 25 per cent bonus share and 1.3158 per cent cash dividend (for tax purpose) to its shareholders from the profit of fiscal year 2016-17, as per a press statement. This decision is subject to the approval of the upcoming 25th annual general meeting and Nepal Rastra Bank.- HNS