Bank of Kathmandu has proposed 13.25% bonus share to its shareholders.

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Bank of Kathmandu has proposed 13.25% bonus share to its shareholders from the income of FY 2074/75.

As per the notice in NEPSE, the board of meeting of the bank has proposed the 13.25 bonus share to its shareholders.

This proposal is subjected to be approved from AGM & Nepal Rastra Bank.

Its paid up capital is 6.24 arba with reserve is 4.49 arba. After 13.25% bonus adjustment, capital will reach to 7.06 arba. To meet  capital directives of NRB of 8 arba, BOK must hike its capital by around 93 crore.

It has posted net profit of 55.15 crore in the second quarter of this fiscal year 2074/75.