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Nepal : ADBL allocates 31.58 dividend

May 26, 2014

Agricultural Development Bank Limited (ADBL) has announced the provision of 31.58 percent of the dividend to its shareholders in 2014.

After the provision of dividend, ADBL have turn into first ever government bank to provide the highest percentage of dividend to its stakeholders. ADBL has proved that governments organizations may also earn profit.

ADBL has almost 2,12,000 shareholders and 214 branches across the country. The total operational income of the bank boosted by 12.22 percent in the year 2012-13, corresponding to the year 2011-12, which is equal to RS 5 .360 billion.

In the fiscal year 2012-13 the deposit of the bank has raise to 25.92 percent corresponding to the fiscal year 2011-12.

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Source: TendersInfo (India)

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