Deprosc Laghubitta Bikas Bank Limited (DDBL) has chosen to convey 31 percent profit to its investors.
According to the notice distributed in Nepal Stock Exchange today, the 209th BOD meeting of the microfinance organization hung on Mangsir 11, 2074 has proposed 16 percent reward offer and 15 percent money profit including for charge reason to its investors from the net benefit it earned in the last financial year 2073/74.
The choice is subjected to endorsement from Nepal Rastra Bank and the microfinance organization’s forthcoming Annual General Meeting (AGM).
A year ago, DDBL had circulated 35% reward share and 17.63% money profit to its investors.
DDBL has earned net benefit of 5.41 crore in the principal quarter of financial year 2074/75. Its paid up capital stands at Rs 60.61 crore. After issuance of 16% reward share, the paid up capital will achieve Rs 70.31 crore.